Listed by Steve Cotran with RE/MAX Area Real Estate Network LTD 603-626-5000

Active

3 S shore Road

Salem NH, 03079

$2,400,000


$312.74 per sqft

Active

14 Beds

9 Baths

7,674 sqft

Multi-family

Built in 1880

Excellent location just a few minutes from I93 exit 2 on a large almost two acre lot in a low density single family neighborhood. This 9 unit building on city sewer has a large welcoming back yard, extra land and ample paved parking. Most apartments have been freshly renovated with new kitchens with granite tops and sleek stainless steel appliances, new baths, new or gleaming refinished hardwood flooring, LED lighting, new decks, sliding doors and windows. Each apartment has separate heat and electric and produces an 8% capitalization rate. There is a large large U=shape drive and parking area with a total of three curb cuts on 396 feet of road frontage. Principals of selling entity are licensed real state agents.

5023421

MLS ID

November 29, 2024

Listed

December 18, 2024

Updated

Map

3 S shore Road
Salem NH, 03079

Interior Features

Bedrooms

14


Total Bathrooms

9


Floor Description

Carpet, Hardwood, Laminate, Vinyl Plank


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Hot Water

Exterior/Building Features

Lot Size

1.8 Acres


Exterior Features

Balcony, Deck


Roof

Flat


Sewer

Public

Other Property Details

Area Name

NH-Rockingham


Taxes

$13,322


Tax Frequency

Annually


Days on Market

19


Garage

No


Parking

Driveway, Off Street, On-Site, Parking Spaces 11 - 20, Paved


View

No


Pool

No

Listed by Steve Cotran with RE/MAX Area Real Estate Network LTD 603-626-5000

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