3 S Shore Rd Salem, NH $ 2,361,000
3 S Shore Rd
$ 2,361,000
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3 S Shore Rd

Salem, NH, 03079
$ 2,361,000
Bedrooms14 Baths9.0 Sq 7,674

Monthly Estimate*

$ 14,730

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Multi-Family Home for sale in Salem, NH

for $2,361,000 with 14 bedrooms and 9 full baths. This 7,674 square foot home was built in 1880 on a lot size of 1.8.

An exciting investment opportunity with you. Located just minutes from I-93 Exit 2 in a low-density single-family neighborhood, this well-maintained 9-unit apartment building sits on a spacious 1.8-acre lot and is connected to city sewer. The property boasts a large and inviting backyard, ample paved parking, and extraland, all within a short walk of Canobie Lake, which offers seasonal views from the third floor. The building is currently occupied and stabilized, presenting an immediateincome stream. Six of the apartments have been recently and completely renovated, featuring modern kitchens with granite countertops and stainless steel appliances,updated bathrooms, refinished or new hardwood flooring, energy-efficient LED lighting, and new decks, sliding doors, and windows. Each unit is separately metered forheat and electricity and the property currently yields a strong 8% capitalization rate. The property also features a large U-shaped driveway providing ease of access.

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Multi-Family Active

Price

$ 2,361,000

Bedrooms

14

Full Bath

9

Property Type

Multi-Family

Taxes

$ 13,222

Style

5-9 Family

Lot Size

1.8

Year Built

1880

Town/City

Salem

County/Region

Rockingham

MLS | Web ID

73389898

List By
Steven Cotran

Listing Agent

Re/Max Area Real Estate Network

Broker

Affordability Calculator

$15,831
Per Month
93%
7%
0%
Monthly Principal & Interest
$14,730
Monthly Property Taxes
$1,102
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
12/5/2025$2,361,000 -0.04% Price Down
11/25/2025$2,362,000 -0.04% Price Down
11/20/2025$2,363,000 -0.04% Price Down
11/11/2025$2,364,000 -0.04% Price Down
11/6/2025$2,365,000 -0.04% Price Down
10/28/2025$2,366,000 -0.04% Price Down
10/21/2025$2,367,000 -0.04% Price Down
10/14/2025$2,368,000 -0.04% Price Down
10/9/2025$2,369,000 -0.04% Price Down
10/2/2025$2,370,000 -0.04% Price Down
9/25/2025$2,371,000 -0.04% Price Down
9/16/2025$2,372,000 -0.04% Price Down
9/9/2025$2,373,000 -0.04% Price Down
9/5/2025$2,374,000 -0.04% Price Down
8/26/2025$2,375,000 -0.04% Price Down
8/22/2025$2,376,000 -0.04% Price Down
8/12/2025$2,377,000 -0.04% Price Down
8/5/2025$2,378,000 -0.04% Price Down
7/29/2025$2,379,000 -0.04% Price Down
7/22/2025$2,380,000 -0.04% Price Down
7/15/2025$2,381,000 -0.04% Price Down
7/8/2025$2,382,000 -0.04% Price Down
7/1/2025$2,383,000 -0.04% Price Down
6/24/2025$2,384,000 -0.04% Price Down
6/12/2025$2,385,000 Listed Price

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3 S Shore Rd, Salem, NH, 03079 is a Multi-Family Home for sale at $2,361,000 with 7,674 sqft and a lot size of 1.8. 3 S Shore Rd has 14 bedrooms, 9.0 baths, and was built in 1880. The property's zip code is 03079 which is in Salem, NH