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$969,000

Active

39 Mason St

Salem, MA, 01970

Multi-Family · MLS #73506068

Price/sqft

$283

Days on market

New today

Year built

1915

Lot size

0.12 ac

3,419 sq ft

Sq Ft

0.12 acres

Lot

1915

Year Built

Taxes: $9,702 (2026)

About this home

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.

Property details

Road type
Public, Paved, Publicly Maint., Sidewalk
Basement
Full

Listed by Joyce Sullivan · Serhant

Schedule a showing

39 Mason St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$6,112 / month

Down payment20% · $193,800
Interest rate6.50%

Loan term

Principal & interest
$4,900
Property tax
$809
Home insurance
$404

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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