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3 Chase St, Salem MA 01970

Salem, MA 01970
$650,000
5
Beds
2
Baths
3,378
Sq Ft
$192
Price/Sq Ft
0.06
Acres
1915
Year Built
3
Parking
38
Days on Market
Closed Listed Jan 30, 2026 • MLS# 73473055 Copied! • Updated Mar 23, 2026

Sale Statistics

Sale Overview
Original List Price: $699,000
Final Sale Price: $650,000
Difference: $49,000 (-7.0%)
Performance Metrics
93.0%
List to Sale Ratio
Sold below asking price
38
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $207
Sale $/sq ft: $192
This property sold for $192 per square foot
Sale Summary

This property sold for 7.0% below the original asking price.

The property spent 38 days on market before selling.

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.

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Recently Sold Nearby

Property History

Market Insights

14.4%
Price Range
39
Total Days on Market

Property Timeline

Current Active Listing - MLS #73535652
Full transaction history available when tracking began
🏡
Currently Listed
Jun 17, 2026
$759,000
MLS #73535652 - Active
Sold
Mar 23, 2026
$650,000
Property sold
Days on Market: 39
📝
Contingency Update
Feb 27, 2026
Pending P&S
📋
Status: Active under contract
Feb 27, 2026
Active → Active Under Contract
Pending Sale
Feb 26, 2026
Offer accepted, sale pending
👁️
Showing Instructions Updated
Feb 20, 2026
New showing requirements
📋
Status: Active
Feb 20, 2026
Active Under Contract → Active
📋
Status: Active under contract
Feb 12, 2026
Active → Active Under Contract
🏠
Listed for Sale
Jan 30, 2026
$699,000
Original listing
Agent: Rich Granata Office: The Granata Group
🏠
Listed for Sale
Jan 30, 2026
$699,000
Original listing
Agent: Rich Granata Office: The Granata Group

Tax History

Year Taxes Assessment
2025 $7,224 $637,000

Financial Details

Annual Property Tax
$7,224
Tax Year 2025
Assessed Value
$637,000

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1915
Living Area 3,378 sq ft
Lot Size 0.06 acres
Bedrooms 5
Full Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating Baseboard, Oil
Cooling None
Flooring Wood
Appliances Range, Refrigerator, Washer, Dryer
Fireplace Wood Burning
Fireplaces 2
Basement Full, Walk-out Access, Unfinished
Laundry None
Features Bathroom With Tub & Shower, Walk-up Attic, Living Room, Dining Room, Kitchen
Construction None
Architecture None
Roof Shingle
Features Paved Drive, Off Street, Tandem
Total Spaces 3
Electric Circuit Breakers, Knob & Tube Wiring
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,224
Assessed Value $637,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures 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.
Possession None
Accepted Financing Contract
Structure Type []
House Color White
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 39 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1915
Bedrooms
5
Full Bathrooms
2
Living Area
3,378 sq ft
Total Rooms
10
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood
Appliances: Range, Refrigerator, Washer, Dryer
Interior Features: Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Walk-Out Access, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1915
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling:
Hot Water: Oil
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Tandem

Special Features

Fireplaces: 2
Fireplace Type: Wood Burning
School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

9 schools
The Phoenix School
1.0 mi
Grades PK-08
The Greenhouse School
1.2 mi
Grades PK-08
B-
Saltonstall School
< 0.1 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
C-
Horace Mann Laboratory School
1.0 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.2 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.2 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.2 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B
Witchcraft Heights School
1.5 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
B+
Bates School
1.6 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
C+
Collins Middle School
0.7 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
0.3 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
1.1 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

3 Chase St, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Office The Granata Group
Office Phone 617-699-9286
Agent MLS ID CN229394
Office MLS ID AN9127
Listing Data Updated Mar 23, 2026 11:26 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
BMN Boston Real Estate
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Steven Novak

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BMN Boston Real Estate

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