Don’t miss out on this updated multi-family property! This is a large three story multi-family residence located in Salem with close proximity to downtown. Built in 1915, this house is a great opportunity for owner-occupants looking for a move in ready long term investment. Both units have new electrical systems with permits inspected and complete. New and refinished floors, and cosmetic updates throughout. The first floor unit features a living room with fireplace, dining room, kitchen, two bedrooms and one full bath. Plenty of potential and space to add a bedroom. Second floor unit offer three bedrooms, kitchen, and once full bath, as well as access to a walk up unfinished walk up with high ceilings. Additional highlights include parking for 3-4 vehicles, three separate electrical panels all new in 2026, roof and siding replaced approx 11 years ago, boiler installed in 2015, and a hot water heater installed in 2021. This is a rare and special property ready for move in.
- Heating System:
- Oil, Baseboard
- Basement:
- Full, Walk-out Access, Unfinished
- Fireplace:
- Wood Burning
- Parking:
- Tandem, Paved
- Appliances:
- Range, Refrigerator, Washer, Dryer
- Flooring:
- Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- Common
- Garage Parking
- Interior Features:
- Walk-up Attic, Kitchen, Upgraded Cabinets, Bathroom With Tub & Shower, Dining Room, Living Room, Upgraded Countertops
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup
- Road Type:
- Paved
- Market Time:
- 1
- Parking Spaces:
- 3
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $244
- Zoning:
- R3
- No Units:
- 2
- Orig Price:
- $824,999
- Fireplaces:
- 2
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Salem
- State:
- MA
- County:
- Essex
- Postal Code:
- 01970
- Longitude:
- W71° 6' 30.2''
- Latitude:
- N42° 30' 51.8''
Residential Income
3 Chase Street, Salem, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $824,999
- Bedrooms :
- 6
- Rooms :
- 10
- Total Bathrooms :
- 2
- Full Bathrooms :
- 2
- Square Footage :
- 3,378 Sqft
- Year Built :
- 1915
- Lot Area :
- 0.06 Acre
- Listing ID :
- 73535652
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com