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Atlanta, GA 30339
116 Federal St, Salem, MA, 01970
UNIT SIZE RANGE
885-2,064 sqft
116 Federal St, located in Salem, MA, offers a one-story, low-rise condominium building. This historic structure dates back to 1782 and holds 12 units. Each unit ranges from 885 to 2,064 square feet, providing ample space for residents. The units include 1, 2, and 3-bedroom options to suit different living situations. Prices for these units range from $329,000 to $380,000. The average closed price in the last year is about $420,000, with an average price per square foot of $475. Units typically spend around 49 days on the market, indicating a balanced supply and demand in the area. The property features a charming historical design, complete with common landscaping. Tandem parking ensures space for vehicles. Nearby amenities enhance life, with options like a golf course, bike paths, and public transit. Access to highways makes commutes manageable. Salem’s waterfront location contributes to the appeal. Residents enjoy proximity to the Atlantic Ocean, which adds scenic beauty. Popular local dining includes Hamilton Hall and Atomic Cafe, providing various cuisine options. Nearby schools, such as Henny Penny, offer education choices for families. Various recreational facilities exist within reach, including parks and tennis courts, which promote outdoor activities. Relaxing environments with garden areas support enjoyable living. Amenities make the building attractive and provide a well-rounded lifestyle. This well-maintained property combines historical charm with modern convenience in an appealing community location.
116 Federal St, Salem, MA, 01970
116 Federal St, located in Salem, MA, offers a one-story, low-rise condominium building. This historic structure dates back to 1782 and holds 12 units. Each unit ranges from 885 to 2,064 square feet, providing ample space for residents. The units include 1, 2, and 3-bedroom options to suit different living situations. Prices for these units range from $329,000 to $380,000. The average closed price in the last year is about $420,000, with an average price per square foot of $475. Units typically spend around 49 days on the market, indicating a balanced supply and demand in the area. The property features a charming historical design, complete with common landscaping. Tandem parking ensures space for vehicles. Nearby amenities enhance life, with options like a golf course, bike paths, and public transit. Access to highways makes commutes manageable. Salem’s waterfront location contributes to the appeal. Residents enjoy proximity to the Atlantic Ocean, which adds scenic beauty. Popular local dining includes Hamilton Hall and Atomic Cafe, providing various cuisine options. Nearby schools, such as Henny Penny, offer education choices for families. Various recreational facilities exist within reach, including parks and tennis courts, which promote outdoor activities. Relaxing environments with garden areas support enjoyable living. Amenities make the building attractive and provide a well-rounded lifestyle. This well-maintained property combines historical charm with modern convenience in an appealing community location.
116 Federal St, located in Salem, MA, offers a one-story, low-rise condominium building. This historic structure dates back to 1782 and holds 12 units. Each unit ranges from 885 to 2,064 square feet, providing ample space for residents. The units include 1, 2, and 3-bedroom options to suit different living situations. Prices for these units range from $329,000 to $380,000. The average closed price in the last year is about $420,000, with an average price per square foot of $475. Units typically spend around 49 days on the market, indicating a balanced supply and demand in the area. The property features a charming historical design, complete with common landscaping. Tandem parking ensures space for vehicles. Nearby amenities enhance life, with options like a golf course, bike paths, and public transit. Access to highways makes commutes manageable. Salem’s waterfront location contributes to the appeal. Residents enjoy proximity to the Atlantic Ocean, which adds scenic beauty. Popular local dining includes Hamilton Hall and Atomic Cafe, providing various cuisine options. Nearby schools, such as Henny Penny, offer education choices for families. Various recreational facilities exist within reach, including parks and tennis courts, which promote outdoor activities. Relaxing environments with garden areas support enjoyable living. Amenities make the building attractive and provide a well-rounded lifestyle. This well-maintained property combines historical charm with modern convenience in an appealing community location.
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 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.
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
| 4 | 2064 | 3 | 2 | 61 | 2022-10-18 MLS#: 73027099 | Closed | $630,000 | |
| 4 | 2064 | 3 | 2 | 87 | 2020-10-15 MLS#: 72694484 | Closed | $508,000 | |
| 4 | 2064 | 3 | 2 | 91 | 2019-12-04 MLS#: 72558758 | Closed | $515,000 |

3 Beds
2 Baths
2064 sqft
| Date | Status | Price |
|---|---|---|
| 2022-10-18 | Closed | $630,000 |

3 Beds
2 Baths
2064 sqft
| Date | Status | Price |
|---|---|---|
| 2020-10-15 | Closed | $508,000 |

3 Beds
2 Baths
2064 sqft
| Date | Status | Price |
|---|---|---|
| 2019-12-04 | Closed | $515,000 |
Life at Leach-nichols isn’t just about the great location; it’s about the lifestyle, too! Imagine stepping out of your condo and into a world filled with recreational opportunities. Whether you fancy a game of tennis or a round of golf, you’ll find plenty of options to enjoy. For those who love the outdoors, take a stroll along the nearby bike path or unwind in the beautiful gardens and parks. The added conveniences of highway access and public transport make commuting a breeze. After a long day, you can relax by the pool or enjoy a peaceful afternoon in the conservation area.
Life at Leach-nichols isn’t just about the great location; it’s about the lifestyle, too! Imagine stepping out of your condo and into a world filled with recreational opportunities. Whether you fancy a game of tennis or a round of golf, you’ll find plenty of options to enjoy. For those who love the outdoors, take a stroll along the nearby bike path or unwind in the beautiful gardens and parks. The added conveniences of highway access and public transport make commuting a breeze. After a long day, you can relax by the pool or enjoy a peaceful afternoon in the conservation area.
Tennis Court(s)
Storage
Pool
It’s essential to consider policies when choosing your first home. At Leach-nichols, you’ll be glad to know that the building has some restrictions in place. These guidelines help maintain the community's charm and coherence without being overly restrictive.
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
| Building Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| 116 Federal St | $475/sqft. | $4 /sqft. |
| 2 Andover St | $392/sqft. | $9 /sqft. |
| 328 Essex St | $438/sqft. | $4 /sqft. |
| The Harrison Flint House Condominium | $537/sqft. | $6 /sqft. |
| 162 Federal St | $430/sqft. | $4 /sqft. |
| THE GAFFNEY HOUSE CONDOMINIUMS | $381/sqft. | $4 /sqft. |
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.
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.
This neighborhood indicates a good mix of people which makes it a good place for families. About 16.35% are children aged 0–14, 21.47% are young adults between 15–29, 25.46% are adults aged 30–44, 17.03% are in the 45–59 range and 19.69% are seniors aged 60 and above. Commuting options are also varying where 67.22% of residents relying on driving, while others prefer public transit around 7.69%, walking around 8.39%, biking around 0.86%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.72% of units are rented and 40.28% are owner occupied. The neighborhood offers different household types. About 24% are single family homes and 4.54% are multi family units. Around 37.9% are single-person households, while 62.1% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 26.18% of residents have bachelor’s degrees. Around 21.56% have high school or college education. Another 5.26% hold diplomas while 18.54% have completed postgraduate studies. The remaining are 28.45% with other types of qualifications.
This neighborhood indicates a good mix of people which makes it a good place for families. About 16.35% are children aged 0–14, 21.47% are young adults between 15–29, 25.46% are adults aged 30–44, 17.03% are in the 45–59 range and 19.69% are seniors aged 60 and above. Commuting options are also varying where 67.22% of residents relying on driving, while others prefer public transit around 7.69%, walking around 8.39%, biking around 0.86%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.72% of units are rented and 40.28% are owner occupied. The neighborhood offers different household types. About 24% are single family homes and 4.54% are multi family units. Around 37.9% are single-person households, while 62.1% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 26.18% of residents have bachelor’s degrees. Around 21.56% have high school or college education. Another 5.26% hold diplomas while 18.54% have completed postgraduate studies. The remaining are 28.45% with other types of qualifications.
16.35%
21.47%
25.46%
17.03%
19.69%
7.69%
Transit
8.39%
Walk
67.22%
Drive
0.86%
Bike
40.28%
Owner Occupied
59.72%
Rental Units
Household:$6,640,046.5 /yr
Individual:$4,172,105.22 /yr