16 School Street, Salem, NH 03079

• 2 baths |
• 4,112 sqft

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.

Listing Status:

Pending

Date Added:

April 21, 2026

Data Last Updated:

May 26, 2026 at 8:01AM

Listing Office:

Keller Williams Realty Evolution : 978-927-8700

Listing Agent:

Elizabeth Smith : 978-302-0824 : ElizabethSmith@kw.com

MLS ID:

5084584

Interior

• Appliances: Electric Water HeaterWater Heater off BoilerOil Water HeaterSeparate Water HeaterWater Heater
• Basement: Dirt FloorExterior AccessInterior AccessBasement StairsUnfinished
• A/C: None
• Heating: OilBaseboardRadiator

Exterior

• Style: ConversionMulti-Family
• Parking: Auto OpenDirect EntryStorage AboveOther

Construction

• Roofing: Asphalt Shingle
• General: Wood FrameVinyl SidingStone

Location

• Road/Access: PavedPublic
• School District: Salem School District
• County: Rockingham

Lot

• Driveway: Paved
• Zoning: RES
• Current Use: Unknown

Utilities

• Utilities: Cable Available
• Water: Public
• Sewer: 1500+ GallonConcreteLeach Field On-SiteSeptic