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  3. Salem, MA
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  5. 87 Federal St
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87 Federal St

87 Federal St, Salem, MA, 01970

YEAR BUILT

1893

# STORIES

1

# TOTAL UNITS

8

UNIT SIZE RANGE

991-1,547 sqft

Description

87 Federal St is located in the heart of Salem, near the intersection of Bridge Street and Boston Street. This area is part of the McIntire District, providing easy access to local amenities and activities. The Atlantic Ocean lies nearby, adding a scenic touch to the neighborhood. The building is a low-rise structure with 1 story and 8 condominium units. It was built in 1893 and reflects the charm of that era. Unit sizes vary from 991 to 1,547 square feet, giving options for different living needs. Each unit has 2 bedrooms, ideal for small families or professionals. Prices for the units range from $350,000 to $366,250. This pricing reflects the local market. Residents enjoy high ceilings that add a sense of space. Some units may also have a private back deck, a great spot to relax outdoors. The amenities around the building enhance daily living. There are parks, a golf course, and bike paths in the area. Public transportation options are readily available. Nearby schools, like Henny Penny, and restaurants, including Courtyard Cafe and Gulu-Gulu Cafe, provide local conveniences. A shared yard offers additional outdoor space for residents. The surrounding conservation areas invite nature lovers to explore. This closeness to amenities makes for a well-rounded lifestyle in the city. The character of the building matches the vibrant community and its offerings.

Building ImageMLS ID #73161138
Building ImageMLS ID #73161138
Building Image
Building ImageView Listing

87 Federal St

87 Federal St, Salem, MA, 01970

YEAR BUILT

1893

# STORIES

1

# TOTAL UNITS

8

UNIT SIZE RANGE

991-1,547 sqft

Description

87 Federal St is located in the heart of Salem, near the intersection of Bridge Street and Boston Street. This area is part of the McIntire District, providing easy access to local amenities and activities. The Atlantic Ocean lies nearby, adding a scenic touch to the neighborhood. The building is a low-rise structure with 1 story and 8 condominium units. It was built in 1893 and reflects the charm of that era. Unit sizes vary from 991 to 1,547 square feet, giving options for different living needs. Each unit has 2 bedrooms, ideal for small families or professionals. Prices for the units range from $350,000 to $366,250. This pricing reflects the local market. Residents enjoy high ceilings that add a sense of space. Some units may also have a private back deck, a great spot to relax outdoors. The amenities around the building enhance daily living. There are parks, a golf course, and bike paths in the area. Public transportation options are readily available. Nearby schools, like Henny Penny, and restaurants, including Courtyard Cafe and Gulu-Gulu Cafe, provide local conveniences. A shared yard offers additional outdoor space for residents. The surrounding conservation areas invite nature lovers to explore. This closeness to amenities makes for a well-rounded lifestyle in the city. The character of the building matches the vibrant community and its offerings.

Next

Description

87 Federal St is located in the heart of Salem, near the intersection of Bridge Street and Boston Street. This area is part of the McIntire District, providing easy access to local amenities and activities. The Atlantic Ocean lies nearby, adding a scenic touch to the neighborhood. The building is a low-rise structure with 1 story and 8 condominium units. It was built in 1893 and reflects the charm of that era. Unit sizes vary from 991 to 1,547 square feet, giving options for different living needs. Each unit has 2 bedrooms, ideal for small families or professionals. Prices for the units range from $350,000 to $366,250. This pricing reflects the local market. Residents enjoy high ceilings that add a sense of space. Some units may also have a private back deck, a great spot to relax outdoors. The amenities around the building enhance daily living. There are parks, a golf course, and bike paths in the area. Public transportation options are readily available. Nearby schools, like Henny Penny, and restaurants, including Courtyard Cafe and Gulu-Gulu Cafe, provide local conveniences. A shared yard offers additional outdoor space for residents. The surrounding conservation areas invite nature lovers to explore. This closeness to amenities makes for a well-rounded lifestyle in the city. The character of the building matches the vibrant community and its offerings.

87 Federal St Market Stats Last 12 months

Avg. Listed Price-

Avg. Sale Price-
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings0 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-
Next

Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings0 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

87 Federal St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 11138523302023-10-20
MLS#: 73161138
Closed$600,000
Unit 22154722522020-09-18
MLS#: 72699489
Closed$510,000
Unit 11138523762020-06-01
MLS#: 72634610
Closed$475,000
Unit 1
1

2 Beds

3 Baths

1385 sqft


DateStatusPrice
2023-10-20Closed$600,000
MLS#: 73161138
Days On Market30
Unit 1
1

2 Beds

3 Baths

1385 sqft


DateStatusPrice
2020-06-01Closed$475,000
MLS#: 72634610
Days On Market76
Unit 2
2

2 Beds

2 Baths

1547 sqft


DateStatusPrice
2020-09-18Closed$510,000
MLS#: 72699489
Days On Market52
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

Life at 87 Federal Street is complemented by a variety of enticing amenities. Imagine spending your weekends on the golf course, cruising the nearby bike paths, or enjoying a peaceful afternoon in the conservation area or garden area. The building boasts easy access to public transportation, making it simple to explore the surrounding areas. For those seeking spiritual solace or community connection, there are several houses of worship within close reach. Additionally, parks dot the vicinity, inviting residents to bask in the sun and unwind in nature’s embrace.

Next

Amenities Description

Life at 87 Federal Street is complemented by a variety of enticing amenities. Imagine spending your weekends on the golf course, cruising the nearby bike paths, or enjoying a peaceful afternoon in the conservation area or garden area. The building boasts easy access to public transportation, making it simple to explore the surrounding areas. For those seeking spiritual solace or community connection, there are several houses of worship within close reach. Additionally, parks dot the vicinity, inviting residents to bask in the sun and unwind in nature’s embrace.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking

Policies

A sense of order is maintained at 87 Federal Street, reflected in the building's policy of restrictions, ensuring that every resident's experience is pleasant and harmonious. It’s enlightening to know that guidelines are in place for smooth community living, promoting a caring atmosphere where neighbors look out for one another.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
87 Federal St--
65 Federal$533/sqft.$5 /sqft.
15 Lynde St$531/sqft.$3 /sqft.
289 ESSEX ST$446/sqft.$4 /sqft.
The Harrison Flint House Condominium$537/sqft.$6 /sqft.
281 Essex St$541/sqft.$3 /sqft.

Nearby Schools

87 Federal St is located near 17+ schools throughout Salem. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

New Liberty Innovation School

F
Public|Grades 9–12
2 E India Square M...|0.33 miles away

Salem Preparatory High School

--
Public|Grades 9–12
2 Museum Place Mal...|0.33 miles away

The Phoenix School

--
Private|Grades KG–8
89 Margin St|0.42 miles away

Collins Middle School

C-
Public|Grades 6–8
29 Highland Ave|0.62 miles away

Salem Academy Charter School

B
Public|Grades 6–12
45 Congress St, Sh...|0.69 miles away

Saltonstall School

C-
Public|Grades KG–8
211 Lafayette St|0.75 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

87 Federal St is located near 17+ schools throughout Salem. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

New Liberty Innovation School

F
Public|Grades 9–12
2 E India Square M...|Less than 1 Mile Away

Salem Preparatory High School

--
Public|Grades 9–12
2 Museum Place Mal...|Less than 1 Mile Away

The Phoenix School

--
Private|Grades KG–8
89 Margin St|Less than 1 Mile Away

Collins Middle School

C-
Public|Grades 6–8
29 Highland Ave|Less than 1 Mile Away

Salem Academy Charter School

B
Public|Grades 6–12
45 Congress St, Sh...|Less than 1 Mile Away

Saltonstall School

C-
Public|Grades KG–8
211 Lafayette St|Less than 1 Mile Away

Carlton

C
Public|Grades KG–5
10 Skerry St|Less than 1 Mile Away

Bates

C+
Public|Grades KG–5
53 Liberty Hill Av...|Less than 1 Mile Away

Bentley Academy Innovation School

--
Public|Grades KG–5
25 Memorial Dr|1.06 Miles Away

Salem Early Childhood

--
Public|Grades PK–KG
25 Memorial Dr|1.06 Miles Away

Thomas Carroll Elementary School

D+
Public|Grades KG–5
60 Northend St|1.13 Miles Away

Witchcraft Heights

D
Public|Grades KG–5
1 Frederick St|1.15 Miles Away

Horace Mann Laboratory

C
Public|Grades KG–5
79 Willson St|1.17 Miles Away

Salem High School

D+
Public|Grades 9–12
77 Willson St|1.26 Miles Away

Bishop Fenwick High School

--
Private|Grades 9–12
99 Margin St|1.50 Miles Away

St John the Baptist School

--
Private|Grades PK–8
19 Chestnut St|1.51 Miles Away

William A. Welch Elementary School

D
Public|Grades PK–5
50 Swampscott Ave|1.60 Miles Away

Transit

Set in McIntire Historic District, 87 Federal St provides residents with convenient access to public transit across Salem. Multiple Bus, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

11 Bridge St

1.11 miles away|22 min walk

176 Water St

1.76 miles away|34 min walk

46 Cabot St

1.61 miles away|31 min walk

81 Highland Ave @ Salem Hospital

0.85 miles away|17 min walk

86 Central St

1.55 miles away|30 min walk

Andover St @ Buttonwood Ln

1.96 miles away|38 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in McIntire Historic District, 87 Federal St provides residents with convenient access to public transit across Salem. Multiple Bus, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

11 Bridge St

1.11 miles away|22 min walk

176 Water St

1.76 miles away|34 min walk

46 Cabot St

1.61 miles away|31 min walk

81 Highland Ave @ Salem Hospital

0.85 miles away|17 min walk

86 Central St

1.55 miles away|30 min walk

Andover St @ Buttonwood Ln

1.96 miles away|38 min walk

Andover St opp Buttonwood Ln

1.94 miles away|38 min walk

Andover St @ Pound Ln

1.77 miles away|34 min walk

Beverly

1.86 miles away|36 min walk

Beverly - Park St

1.86 miles away|36 min walk

Bridge St @ Ames St

1.11 miles away|22 min walk

Bridge St @ Cromwell St

0.86 miles away|17 min walk

Bridge St & Livingstone Ave

1.94 miles away|38 min walk

Bridge St @ March St

0.91 miles away|18 min walk

Bridge St @ Osgood St

0.89 miles away|18 min walk

Bridge St @ Saunders St

0.66 miles away|13 min walk

Bridge St @ Skerry St

0.8 miles away|16 min walk

Bridge St @ Thorndike St

1.03 miles away|20 min walk

Cabot St @ Franklin Pl

1.91 miles away|37 min walk

Cabot St & Highland Ave

1.84 miles away|36 min walk

Cabot St opp Highland Ave

1.86 miles away|36 min walk

Cabot St opp May St

1.81 miles away|35 min walk

Cabot St @ Railroad Ave

1.9 miles away|37 min walk

Cabot St @ Stone St

1.63 miles away|32 min walk

Cabot St @ Vestry St

1.95 miles away|38 min walk

Central St @ Community Life Center

1.54 miles away|30 min walk

Central St opp Walnut St

1.45 miles away|28 min walk

Central St @ Walnut St

1.43 miles away|28 min walk

Commuter Rail Station - Beverly

1.86 miles away|36 min walk

Essex St @ Beckford St

0.16 miles away|4 min walk

Essex St @ Flint St

0.31 miles away|6 min walk

Essex St @ Hamilton st

0.16 miles away|4 min walk

Essex St @ Monroe St

0.22 miles away|5 min walk

Essex St opp Monroe St

0.22 miles away|5 min walk

Essex St opp Warren St

0.49 miles away|10 min walk

Essex St @ Summer St

0.1 miles away|2 min walk

Essex St @ Warren St

0.48 miles away|10 min walk

Hawthorne Blvd @ Derby St

0.5 miles away|10 min walk

Hawthorne Blvd @ Essex St

0.46 miles away|9 min walk

Hawthorne Blvd @ Washington Sq S

0.47 miles away|9 min walk

Highland Ave @ Cherry Hill Ave

1.08 miles away|21 min walk

Highland Ave @ Greenledge St

1.97 miles away|38 min walk

Highland Ave @ Hawthorne Sq

1.64 miles away|32 min walk

Highland Ave @ Marlborough Rd

1.8 miles away|35 min walk

Highland Ave opp Proctor St

0.76 miles away|15 min walk

Highland Ave @ Proctor St

0.76 miles away|15 min walk

Highland Ave @ Salem Hospital

0.88 miles away|17 min walk

Highland Ave @ Thomas Circle

1.98 miles away|38 min walk

Highland Ave @ Valley St

1.18 miles away|23 min walk

Highland Ave @ Willson St

1.09 miles away|21 min walk

The Neighbourhood: McIntire Historic District

McIntire Historic District is a well-preserved historic area in Essex County, Massachusetts. The area shows older homes and brick buildings. This district has small parks and tree-lined streets. Local shops and cafes sit close to houses. The area offers basic services like groceries and a pharmacy. Informational signs mark many buildings and highlight local history. Cultural spots and walking routes lie within easy reach. Buses and regional roads provide travel links to nearby towns and the city. Nearby commuter routes make drives short for work or play.

Next

Neighbourhood Description

McIntire Historic District is a well-preserved historic area in Essex County, Massachusetts. The area shows older homes and brick buildings. This district has small parks and tree-lined streets. Local shops and cafes sit close to houses. The area offers basic services like groceries and a pharmacy. Informational signs mark many buildings and highlight local history. Cultural spots and walking routes lie within easy reach. Buses and regional roads provide travel links to nearby towns and the city. Nearby commuter routes make drives short for work or play.

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87 Federal St Demographics

Age Demographics

0–14 Years

16.11%

15–29 Years

21.61%

30–44 Years

25.27%

45–59 Years

16.98%

60+ Years

20.03%

Commute

7.77%

Transit

8.94%

Walk

65.1%

Drive

0.88%

Bike

Housing Ownership

38.87%

Owner Occupied

61.13%

Rental Units

Household Types

Single Family
23.81%
Multi Family
4.21%
Single Person
38.05%
Multi Person
61.95%

Average Income

Household:$6,533,099.1 /yr

Individual:$4,262,643.86 /yr

Education

Bachelors Degree26.84%
High School College20.45%
Diploma5.02%
Post Graduate19.49%
Others28.21%
Next

Education

Diploma5.02%
Post Graduate19.49%
Others28.21%
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  1. Home
  2. /Salem, MA
  3. /
    87 Federal St
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