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About this property
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 3rd floor unfinished 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.
Property details
| Units | 2 |
| Living area | 3,378 sqft |
| Lot size | 2,675 sqft |
| Year built | 1915 |
| Price / sqft | $225 |
| County | Essex |
| MLS # | 73535652 |
Listing status
| Days on market | 37 days |
| Listed on | June 17, 2026 |
Taxes & financials
| Annual property tax | $7,224 |
| Tax year | 2025 |
| Assessed value | $637,000 |
| Zoning | R3 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 10 |
| Lot size | 0.06 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Tandem, Paved |
| Basement | Full, Walk-Out Access, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Flooring | Wood |
Utilities & systems
| Heating | Baseboard, Oil |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, Washer Hookup |
| Appliances | Range, Refrigerator, Washer, Dryer |
Location
More about investing in Salem →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 3 Chase Street, Salem MA 01970 have?
It is a 2-unit multi-family property with 3,378 sqft of living area, built in 1915.
How long has 3 Chase Street, Salem MA 01970 been on the market?
3 Chase Street, Salem MA 01970 has been listed for 37 days (since June 17, 2026).
What is the price per unit?
At a list price of $759,000 across 2 units, that works out to roughly $379,500 per unit.
What are the property taxes on 3 Chase Street, Salem MA 01970?
Annual property taxes are $7,224 (2025), on an assessed value of $637,000.
What is the price per square foot?
At $759,000 for 3,378 sqft, that's about $225 per square foot.
Is there parking?
3 total parking spaces (tandem, paved).
Where is this property located?
3 Chase Street, Salem MA 01970 is in Salem, Essex County, MA 01970.
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