$969,000

39 Mason St, Salem, MA 01970

  • 8 beds |
  • 3 baths |
  • 3,419 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $283/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Well-maintained 1915 three-family in North Salem offering over 3,400 sq ft of living space with spacious 1,000–1,220 sq ft units. All three units will be delivered vacant, presenting a rare opportunity for investors or owner-occupants. Each unit features flexible 2–3 bedroom layouts, high ceilings, and separate gas heating systems (no oil). Interiors are clean and well maintained, with opportunity for cosmetic updates. Estimated market rents range from approximately $2,200–$3,000 per month per unit, depending on condition and improvements. Seller is in receipt of Letters of Compliance for Units 2, 3, and common areas. Conveniently located approximately 0.7 miles to Salem MBTA station and close to downtown Salem, shopping, dining, and area amenities. Property includes off-street parking for 3+ vehicles, basement storage, and a level backyard. Potential future uses and conversions subject to buyer due diligence and municipal approval.Located in a flood zone.

Listing Status:
Active
Date Added:
April 22, 2026
Data Last Updated:
May 31, 2026 at 1:06AM
Listing Office:
Serhant : 617-250-0559
Listing Agent:
Joyce Sullivan : 978-852-5388
MLS ID:
73506068
  • General: Living RoomDining RoomKitchenFamily RoomSunroom
  • Appliances: RangeRefrigerator
  • Basement: Full
  • Flooring: VinylCarpet
  • A/C: None
  • Heating: CentralForced AirNatural Gas
  • Fireplace: Fireplaces: 0
  • General: Balcony/Deck
  • Parking: Paved DriveOff StreetPavedParking spaces: 3
  • Roofing: Shingle
  • General: Frame3Stone
  • Road/Access: Public
  • Originating MLS: MLS Property Information Network
  • County: Essex
  • Zoning: IM:26 L:00862132207
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network
  • Exclusions: Personal Property

This listing courtesy of Joyce Sullivan , Serhant

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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