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$2,383,000
19 Days On Site

3 S Shore Rd
Salem, NH 03079

For Sale|Multi Family|Active
14
Beds
9
Total Baths
9
Full Baths
7,674
SqFt
$311
/SqFt
1880
Built
County:
Rockingham
Call Now: 978-870-9260
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978-870-9260
3 S Shore Rd3 S Shore Rd3 S Shore Rd3 S Shore Rd
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Monthly Payment (Est.)

$10,872
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An exciting investment opportunity with you. Located just minutes from I-93 Exit 2 in a low-density single-family neighborhood, this well-maintained 9-unit apartment building sits on a spacious 1.8-acre lot and is connected to city sewer. The property boasts a large and inviting backyard, ample paved parking, and extraland, all within a short walk of Canobie Lake, which offers seasonal views from the third floor. The building is currently occupied and stabilized, presenting an immediateincome stream. Six of the apartments have been recently and completely renovated, featuring modern kitchens with granite countertops and stainless steel appliances,updated bathrooms, refinished or new hardwood flooring, energy-efficient LED lighting, and new decks, sliding doors, and windows. Each unit is separately metered forheat and electricity and the property currently yields a strong 8% capitalization rate. The property also features a large U-shaped driveway providing ease of access.

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Listing Snapshot
Price 
$2,383,000
Days On Site 
19 Days
Bedrooms 
14
Inside Area (SqFt) 
7,674 sqft
Total Baths 
9
Full Baths 
9
Partial Baths 
N/A
Lot Size 
1.8 Acres
Year Built 
1880
MLS® Number 
73389898
Status 
Active
Property Tax 
$13,222
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
16 hours agoListing updated with changes from the MLS®
16 hours agoPrice changed to $2,383,000
16 hours agoStatus changed to Active
3 weeks agoListing first seen on site
General Features
Acres 
1.8
Foundation 
Block
Number Of Stories 
7
Parking 
PavedOff Street
Parking Spaces 
20
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
7674
SqFt Total 
7674
Water Source 
Private
Zoning 
MDL-01
Interior Features
Appliances 
Gas Water Heater
Basement 
Full
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Frame
Lot Features 
Gentle Sloping
Patio And Porch 
Porch
Roof 
Other
Community Features
Community Features 
Other
Listing courtesy of Steven Cotran of RE/MAX Area Real Estate Network



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2025-07-02 04:41 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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