Available for 12/1 lease start, or late November! A rare opportunity to enjoy the best of downtown Salem living. Tucked just off the main drag, this impeccably renovated 1-bedroom, 1.5-bath townhouse-style residence offers an exceptional combination of historic charm, modern luxury, and peaceful privacy all just one block from the commuter rail and steps from Salem's vibrant restaurants, cafes, boutiques, and waterfront. Part of a historic building total redevelopment, this sun-drenched home showcases beautifully preserved wide-plank pine floors, high ceilings, rich architectural details, and designer finishes throughout. The elegant kitchen features custom cabinetry, stone countertops, and stainless steel appliances, while the living and dining spaces offer warmth and character. Upstairs, the top-floor bedroom is highlighted by cathedral ceilings, exposed wood beams, an en-suite bath, and a convenient office nook. Central air provides year-round comfort, while a gorgeous rooftop deck overlooking downtown offers lovely private outdoor space. A special home in a location that offers it all the energy and convenience of downtown, with a welcome sense of quiet when you return home.
Option available to rent fully furnished as seen for $3,500/month. Tenants to pay gas and electric, landlord will pay water/sewer.
49 Federal St
Salem, MA 01970
Apartment building
1-3 beds
In-unit laundry (W/D)
What's special
Facts, features & policies
Unit features
Appliances
- Dishwasher
- Dryer
- Freezer
- Microwave oven
- Oven
- Refrigerator
- Washer
Flooring
- Hardwood
Heating
- Heat pump
Neighborhood: Federal Street
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Getting around
Walk Score®
 / 100
Walker's ParadiseTransit Score®
 / 100
Some TransitBike Score®
 / 100
Very BikeableNearby schools in Salem
Carlton Elementary School
Grades K-5 • 0.8 miles5/10
GreatSchools® Rating
Test Score Rating
5/10Student Progress Rating
5/10Collins Middle School
Grades 6-8 • 0.8 miles6/10
GreatSchools® Rating
Test Score Rating
4/10Student Progress Rating
7/10Salem Prep High School
Grades 9-12 • 0.3 milesN/A
GreatSchools® Rating
Living in Salem
Federal Street sits in historic Salem, north of downtown, among tree-lined residential blocks and older architecture. The coastal setting brings New England seasons, with brisk winters and mild-to-warm summers. The neighborhood is close to Salem Common and the Peabody Essex Museum, while downtown streets offer cafés, restaurants, independent shops, and historic sites. Nearby green spaces and local sidewalks make it easy to add a walk outdoors to an everyday outing; Salem Common also has open lawns and play areas. Federal Street is within reach of Salem’s arts, dining, and nightlife, with the city’s maritime and early history visible in its buildings and museums. Walk, bike, or use local bus service for nearby trips; Salem commuter rail station connects the city with Boston. For ZIP code 01970, the median rent is $2,500 per month, with a typical range of $950 to $14,337.
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Frequently asked questions
What is the walk score of 49 Federal St?
49 Federal St has a walk score of 96, it's a walker's paradise.
What is the transit score of 49 Federal St?
49 Federal St has a transit score of 41, it has some transit.
What schools are assigned to 49 Federal St?
The schools assigned to 49 Federal St include Carlton Elementary School, Collins Middle School, and Salem Prep High School.
Does 49 Federal St have in-unit laundry?
Yes, 49 Federal St has in-unit laundry for some or all of the units.
What neighborhood is 49 Federal St in?
49 Federal St is in the Federal Street neighborhood in Salem, MA.
