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16 School Street, Salem, NH 03079

$699,000
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New to the Market Coming Soon
BEDS7 BATHS2 full SQUARE FEET2,288 MLS#5084584
STATUSComing Soon PROPERTY TYPEMulti Unit - Multiple SCHOOLSalem

Listing Courtesy of: Keller Williams Realty Evolution
Agency Contact: Phone: 978-302-0824
Associate Name: Elizabeth Smith
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Property Description

Great investment opportunity or ideal owner-occupied property with built-in rental income. This two-story multi-unit home offers two separate units, including a spacious 3-bedroom unit and a 4-bedroom unit, providing flexibility for investors or those looking to offset their mortgage with tenant income. Situated on a generous lot with a large backyard, the property also includes a barn with additional storage or possible rental potential. Located in a quiet neighborhood just steps from the elementary school and only about a mile from Routes 93 and 495, offering excellent commuter convenience. A rare chance to own a versatile property with strong income potential, outdoor space, and a desirable location. Per public record, this is a 6-bedroom two-family; floor plans suggest a layout of 3 bedrooms on the first floor and 4 on the second (7 total). Buyer to verify all information.

16 School Street | MLS# 5084584

This multi-family property located at 16 School Street, Salem, NH 03079 is currently listed for sale with an asking price of $699,000. School Street is located within the Salem school district. Search Salem real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Dirt Floor, Unfinished, Interior Access, Exterior Access, Basement Stairs
Basement: Yes
Cooling: None
Heating: Oil, Baseboard, Radiator
Home Style: Conversion, Multi-Family
Lot Size: 2.00 Acres
Roof Type: Asphalt Shingle
Stories: 2.0
Taxes: $8,346
Year Built: 1850

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 3
Unit 2:
Bathroom(s): 1
Bedrooms: 4
Rent: $2300.00

Feature Descriptions

Construction: Wood Frame, Vinyl Siding
Construction Status: Existing
Days on Site: 1
Driveway: Paved
Driveway: Paved
Electric: 110 Volt, 220 Volt, Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: No
Foundation: Stone
Foundation: Stone
Lot: Sidewalks, Sloping, Wooded
Parking: Auto Open, Direct Entry, Storage Above, Other
Roads: Paved, Public
Sewer: 1500+ Gallon, Concrete, Leach Field On-Site, Septic
Sq. Ft. Total Finished: 2288
Total Stories: 2
Units: 2
Water: Public
Water Access: No
Water View: No
Zoning: RES

Local Schools

High School: Salem High School
Middle School: Woodbury School
Elementary School: Barron Elementary School
School District: Salem

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Evolution
Agency Contact: Phone: 978-302-0824
Agent Name: Elizabeth Smith

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Estimated Payment

$ 2,455.05 per month $1,555.67 Principal & Interest $695.50 Property Tax $203.88 Homeowner's Insurance

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