3 Chase St
Salem, MA, 01970
$699,000
Presenting 3 Chase St, a three story multifamily residence ideally located in Salem. Built in 1915, this property offers a strong opportunity for investors, developers, or owner-occupants seeking long term value. The first floor unit features a living room with fireplace, dining room, two bedrooms, and one bath, while the second floor unit offers three bedrooms, one bath, and access to a walk up unfinished attic. Additional highlights include parking for three vehicles, oil heat with gas available for cooking, three separate electrical panels, roof and siding replaced approximately 11 years ago, a boiler installed in 2015, and a hot water heater replaced in 2021, making this a rare chance to reimagine and enhance a well located multifamily property.
Current real estate data for Multi Family in Salem as of Feb 16, 2026
9
Multi Family Listed
275
Avg DOM
326
Avg $ / SqFt
$1,255,211
Avg List Price
Property Details
Price:
$699,000
MLS #:
73473055
Status:
Active Under Contract
Beds:
5
Baths:
2
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Jan 30, 2026
Finished Sq Ft:
3,378
Total Sq Ft:
3,378
Lot Size:
2,675 sqft / 0.06 acres (approx)
Year Built:
1915
Units:
2
Schools
Interior
Appliances
Range, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Fireplaces Total
2
Flooring
Wood
Heating
Baseboard, Oil
Exterior
Parking Features
Paved Drive, Off Street, Tandem
Parking Spots
3
Roof
Shingle
Financial
Tax Year
2025
Taxes
$7,224
Map
Contact Us
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Community
- Address3 Chase St Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Property Summary
- 3 Chase St Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $699,000 To schedule a showing of MLS#73473055 at 3 Chase St in Salem, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.
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CRP: Certified Relocation Professional CRS: Certified Residential Specialist GRI: Graduate of Realtors Institute CBR: Certified Buyers Representative BSBA: Bachelor of Science in Business Administration. Babson College 1979 MBA: Master of Business Administration. Babson College 2002 James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…
More About JamesCourtesy of Norfolk Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
3 Chase St
Salem, MA








