Sold

3 Chase St, Salem, MA

Salem · MA 01970

$650,000
Price
5
Beds
2
Baths
3378
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1915
Units: 2 Units
Lot size: 2,675 Sq.Ft Lot
Price per square foot: $207 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Presenting 3 Chase St, a three story multifamily residence ideally located in Salem. Built in 1915, this property offers a strong opportunity for investors, developers, or owner-occupants seeking long term value. The first floor unit features a living room with fireplace, dining room, two bedrooms, and one bath, while the second floor unit offers three bedrooms, one bath, and access to a walk up unfinished attic. Additional highlights include parking for three vehicles, oil heat with gas available for cooking, three separate electrical panels, roof and siding replaced approximately 11 years ago, a boiler installed in 2015, and a hot water heater replaced in 2021, making this a rare chance to reimagine and enhance a well located multifamily property.

Neighborhood & Transit

3 Chase St, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
277 days
Listing Price:
$699,000
Price per Sq.Ft:
$207
Tax Assessment:
$637,000 in 2025
Taxes:
$602 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
2
Half Bathrooms
0
Living Area
3,378 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3378
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, Knob & Tube Wiring

Exterior Features

Lot Size
2,675 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Rich Granata
Listing office
The Granata Group
MLS PIN #
73473055
Disclosure
Property is being sold as-is. Property is in need of updating and improvements. Buyer and buyer’s agent to verify all information and perform their own due diligence.