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3 Chase Street

Salem, MA 01970
$824,999
6 Beds
2 Baths
3,378 Living Area
  • Property Description
    Don't miss out on this updated multi-family property! This is a large three story multi-family residence located in Salem with close proximity to downtown. Built in 1915, this house is a great opportunity for owner-occupants looking for a move in ready long term investment. Both units have new electrical systems with permits inspected and complete. New and refinished floors, and cosmetic updates throughout. The first floor unit features a living room with fireplace, dining room, kitchen, two bedrooms and one full bath. Plenty of potential and space to add a bedroom. Second floor unit offer three bedrooms, kitchen, and once full bath, as well as access to a walk up unfinished walk up with high ceilings. Additional highlights include parking for 3-4 vehicles, three separate electrical panels all new in 2026, roof and siding replaced approx 11 years ago, boiler installed in 2015, and a hot water heater installed in 2021. This is a rare and special property ready for move in.
  • Highlights
    • Heating: Baseboard, Oil
    • Parking Spots: 3
    • Property Type: 2 Family - 2 Units Up/Down
    • Total Rooms: 10
    • Status: Active
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1915
  • Additional Details
    • Appliances: Range, Refrigerator, Washer, Dryer
    • Fireplaces: 2
    • Foundation: Stone
    • Lot Features: Other
    • Roof: Shingle
    • Total Number of Units: 2
    • Year Built Source: Public Records
    • Basement: Full, Walk-Out Access, Unfinished
    • Flooring: Wood
    • Interior Features: Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Dining Room, Kitchen
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: R3
  • Amenities
    • Parking Features: Tandem, Paved
  • Utilities
    • Electric: Common
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $637,000
    • Taxes: $7,224
    • Tax Year: 2025

Location

3 Chase Street, Salem, MA 01970

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of eRealty Advisors, Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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