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Active

47 Federal Street

Salem, MA 01970

$599,900
4Bedrooms
2Bathrooms
2,433Square feet
1787Year built

Residential · Active · MLS #73548035
Listing Courtesy of Tache Real Estate, Inc. | George Fallon

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MLS PIN data

About this home

Well located 1787 Gambrel office building directly across from courthouse , 1 block to train and parking garage. Currently used as Attorney At Law Office. Huge plus is the off street parking allowing for 2 car tandem parking. The building also has central air and is within moments to banks, restaurants. Very high "in and out" index. BUyers and buyers agent should determine of a change of usage is possible.

Property information

Details at a glance

Interior

Rooms
8
Heating
Forced Air
Cooling
Central Air
Flooring
Tile, Vinyl, Carpet
Fireplaces
2

Building

Style
Single Family Residence
Year built
1787
Parking
2
Foundation
Irregular
Roof
Shingle, Wood

Land & utilities

Lot size
0.04 acres
Water
Public
Sewer
Public Sewer
Zoning
B5

Financial

Annual taxes
$11,422
Assessment year
2026

Listing history

Price and status timeline

  1. Exp

    $669,000 · Jan 2, 2026

  2. Exp

    $669,000 · Nov 21, 2025

  3. Exp

    $669,000 · Nov 10, 2025

  4. Exp

    $376,000 · Nov 28, 2006

Property value estimate

An informed starting point

Estimated value$649,629

Estimated range $568,194$731,064

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationpoor

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Downtown

MetricThis propertyDowntown
List price$599,900$449,00034% above local
Price / sq ft$247$41240% below local
Days on market42685% below local
Explore homes in Salem

Active neighborhood listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 47 Federal Street

Can I schedule a private showing?

Yes. Request a tour of 47 Federal Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.