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.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/08/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/06/2026 | ↓ Price Reduced | $759,000 | $65,999 | - | From $824,999 to $759,000 (-8.0%) |
| 06/17/2026 | 🏠 Listed for Sale | $824,999 | - | - | Original listing |
| 03/23/2026 | 🏷️ Previously Sold | $650,000 | - | - | MLS #73473055 |
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $7,224 | $637,000 |
School information not available for this location.
3 Chase Street, Salem MA 01970
Salem, MA 01970
Finding comparable properties...
Your message will be sent to Steven Novak.
