Multi-Family for Sale: 3 S shore Road, Salem, NH 03079

14 beds
9 full baths
7,674 sqft
$2,400,000
$2,400,000
3 S shore Road, Salem, NH 03079
14 beds
9 full baths
7,674 sqft
$2,400,000
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Price:
$2,400,000
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Type Multi-Family
Style Apartment Building
Beds 14
Total Baths 9 full baths
Square Feet 7,674 sqft
Lot Size 1.80 acres
Year Built 1880
Taxes Paid $13,322
City Salem
County Rockingham
MLS 5023421
Status Active
DOM 18 days
Excellent location just a few minutes from I93 exit 2 on a large almost two acre lot in a low density single family neighborhood. This 9 unit building on city sewer has a large welcoming back yard, extra land and ample paved parking. Most apartments have been freshly renovated with new kitchens with granite tops and sleek stainless steel appliances, new baths, new or gleaming refinished hardwood flooring, LED lighting, new decks, sliding doors and windows. Each apartment has separate heat and electric and produces an 8% capitalization rate. There is a large large U=shape drive and parking area with a total of three curb cuts on 396 feet of road frontage. Principals of selling entity are licensed real state agents.

Lot & Building Features

Appliances Water Heater – Gas, Water Heater–Gas–LP/Bttle, Water Heater – Owned, Water Heater – Off Boiler
Utilities Cable - Available
Construction Vinyl Exterior, Wood Frame
Cooling None
Heating Hot Water
Parking Description Driveway, Paved, Parking Spaces 11 - 20, On-Site, Off Street
Sewer Public
Tax Year 2024
Taxes Paid $13,322
Water Private
Basement Description Dirt
Foundation Concrete, Granite
Lot Description Level
Roof Flat
Features Exterior Balcony, Deck
Garage No

Unit Features

Unit 1 Baths 2
Unit 1 Bedrooms 3
Unit 1 Info Dishwasher, Refrigerator, Range - Gas, Microwave, Kitchen Island, Hot Water, Heat - Gas
Unit 1 Lease Term Annual
Unit 1 Level Number 1 and 2
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 2800.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Status Leased
Unit 1 Style townhouse
Unit 1 Tenant Pays Electric, Heat
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Info Dishwasher, Refrigerator, Range - Electric, Microwave, Hot Water, Heat - Gas
Unit 2 Level Number 1 and 2
Unit 2 Rental Amount 2295.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Tenant Pays Electric, Heat
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Info Deck, Refrigerator, Range - Electric, Microwave
Unit 3 Level Number 1
Unit 3 Rental Amount 2195.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 4
Unit 3 Style flat
Unit 3 Tenant Pays Electric, Heat
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Info Ceiling Fan, Refrigerator, Range - Electric, Heat - Gas
Unit 4 Lease Term Annual
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 1950.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Rooms 4
Unit 4 Status Leased
Unit 4 Tenant Pays Electric, Heat
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 5 Info Appliances Included, Refrigerator, Range - Electric, Microwave, Heat, Dishwasher, Deck
Unit 5 Level Number 3
Unit 5 Rental Agreement No
Unit 5 Rental Amount 1925.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Rooms 2
Unit 5 Style flat
Unit 5 Tenant Pays Electric, Heat
Unit 6 Baths 1
Unit 6 Bedrooms 2
Unit 6 Info Appliances Included, Refrigerator, Range - Electric, Microwave, Hot Water, Heat - Gas, Heat, Dishwasher, Deck
Unit 6 Lease Term Annual
Unit 6 Level Number 2
Unit 6 Rental Amount 2195.00
Unit 6 Rental Amt Freq Monthly
Unit 6 Rooms 4
Unit 6 Style flat
Unit 6 Tenant Pays Electric, Heat
Unit 7 Baths 1
Unit 7 Bedrooms 1
Unit 7 Info Deck, Refrigerator, Range - Gas, Microwave, Hot Water, Heat - Gas, Dishwasher
Unit 7 Lease Term Annual
Unit 7 Rental Agreement Yes
Unit 7 Rental Amount 1925.00
Unit 7 Rental Amt Freq Monthly
Unit 7 Rooms 3
Unit 7 Status Leased
Unit 7 Tenant Pays Electric, Heat
Unit 8 Baths 1
Unit 8 Bedrooms 1
Unit 8 Info Deck, Refrigerator, Range - Gas, Microwave, Hot Water, Heat - Gas, Dishwasher
Unit 8 Lease Term Annual
Unit 8 Level Number 1
Unit 8 Rental Agreement No
Unit 8 Rental Amount 1925.00
Unit 8 Rental Amt Freq Monthly
Unit 8 Rooms 3
Unit 8 Style flat
Unit 8 Tenant Pays Electric, Heat

Price History of 3 S shore Road

Date Name Price Difference
11/29/2024 Listing Price $2,400,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 3 S shore Road, Salem, NH

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Photo of Greg Gagalis
Direct: 603-918-4497
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by RE/MAX Area Real Estate Network LTD, Steve Cotran
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3 S shore Road (MLS #5023421) is a multi-family listing located in Salem, NH. This multi-family listing is 7,674 sqft and on a lot of 78,408 sqft (or 1.80 acres) with 14 bedrooms, 9 baths and is 144 years old. This property was listed on 11/29/2024 and has been priced for sale at $2,400,000.

Nearby zip codes are 03073, 03076, 03079 2820, 03079 5322 and 03087. This property neighbors other cities such as Derry, Dracut, Methuen, Pelham and Windham.

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX Area Real Estate Network LTD

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/17/2024