Well-maintained 1915 three-family in North Salem offering over 3,400 sq ft of living space with spacious 1,000–1,220 sq ft units. All three units will be delivered vacant, presenting a rare opportunity for investors or owner-occupants. Each unit features flexible 2–3 bedroom layouts, high ceilings, and separate gas heating systems (no oil). Interiors are clean and well maintained, with opportunity for cosmetic updates. Estimated market rents range from approximately $2,200–$3,000 per month per unit, depending on condition and improvements. Seller is in receipt of Letters of Compliance for Units 2, 3, and common areas. Conveniently located approximately 0.7 miles to Salem MBTA station and close to downtown Salem, shopping, dining, and area amenities. Property includes off-street parking for 3+ vehicles, basement storage, and a level backyard. Potential future uses and conversions subject to buyer due diligence and municipal approval.Located in a flood zone.
- Heating System:
- Central, Forced Air, Natural Gas
- Cooling System:
- No
- Basement:
- Full
- Parking:
- Off Street, Paved, Paved Drive
- Appliances:
- Range, Refrigerator
- Construction:
- Frame
- Exterior Unit Features:
- Balcony/deck
- Flooring:
- Vinyl, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Garage Parking
- Interior Features:
- Kitchen, Dining Room, Family Room, Living Room, Sunroom
- Lead Paint:
- Unknown, Certified Treated
- Road Type:
- Paved
- Market Time:
- 51
- Parking Spaces:
- 3
- Tax Year:
- 2026
- Status:
- Closed
- Price Per Sqft:
- $263
- Zoning:
- I
- No Units:
- 3
- Orig Price:
- $969,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Salem
- State:
- MA
- County:
- Essex
- Postal Code:
- 01970
- Longitude:
- W71° 5' 46.2''
- Latitude:
- N42° 31' 27.8''
Residential Income
39 Mason St, Salem, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $969,000
- Bedrooms :
- 8
- Rooms :
- 21
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 3,419 Sqft
- Year Built :
- 1915
- Lot Area :
- 0.12 Acre
- Listing ID :
- 73506068
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com