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16 School Street Salem, NH $ 699,000
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$ 699,000 Get more info
16 School Street
$ 699,000
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Recently Listed
Open House 4/25 11am - 12:30pm
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16 School Street

Salem, NH, 03079
$ 699,000
Baths0.0 Sq 2,288

Monthly Estimate*

$ 4,304

Listed by Elizabeth Smith, Keller Williams Realty Evolution, 978-302-0824, ElizabethSmith@kw.com
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Studio

Multi-Family Home for sale in Salem, NH

for $699,000. This 2,288 square foot home was built in 1850 on a lot size of 2.

Great investment opportunity or ideal owner-occupied property with built-in rental income. This two-story multi-unit home offers two separate units, including a spacious 3-bedroom unit and a 4-bedroom unit, providing flexibility for investors or those looking to offset their mortgage with tenant income. Situated on a generous lot with a large backyard, the property also includes a barn with additional storage or possible rental potential. Located in a quiet neighborhood just steps from the elementary school and only about a mile from Routes 93 and 495, offering excellent commuter convenience. A rare chance to own a versatile property with strong income potential, outdoor space, and a desirable location. Per public record, this is a 6-bedroom two-family; floor plans suggest a layout of 3 bedrooms on the first floor and 4 on the second (7 total). Buyer to verify all information.

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Open House

4/25/2026 11:00 AM - 12:30 PM
4/26/2026 11:00 AM - 12:30 PM
16 School Street Salem, NH
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 699,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Conversion,Multi-Family

Lot Size

2

Year Built

1850

Town/City

Salem

County/Region

Rockingham

MLS | Web ID

5084584
Features
Interior
Basement Description Dirt Floor Unfinished Interior Access Exterior Access Basement Stairs
Basement Yes
Total Number of Units 2
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General
Road Frontage Yes
Sewer 1500+ Gallon Concrete Leach Field On-Site Septic Shared
Heating Oil Baseboard Radiator
Cooling None
Utilities Cable Available
Roof Asphalt Shingle
Appliances Electric Water Heater Water Heater off Boiler Oil Water Heater Separate Water Heater Water Heater
Garage Yes
current use Unknown
Flood Zone No
Zoning RES
Year Built 1850
Electric 110 Volt 220 Volt Circuit Breaker(s)
Style Conversion Multi-Family
Stories Count 2
Construction Status Existing
Tax Rate 18.16
Block 0
Assessment Amount 459600
Auction No
Tax Year 2025
Status Detail 0
Covenants No
Construction Materials Wood Frame Vinyl Siding
Directions From I-93 take Exit 3 for NH-111 E toward North Salem. Turn left onto NH-111 E right onto Range Rd then continue onto Lake St/School St to the property.
High School Salem High School
City Salem
School District Salem School District
Seasonal No
Elementary School Barron Elementary School
Middle School Woodbury School
DOM 0
Price Per Sq Ft Total AG 305.51
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Exterior
Lot Features Sidewalks Sloping Wooded
Driveway Paved
Water View No
Lot Size Area 2
Water Source Public
Parking Features Auto Open Direct Entry Storage Above Other
Garage Capacity 3
Foundation Stone
Lot 1623
Waterfront Property No
Water Body Access No
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* Excluded Features
List By
Elizabeth Smith

Listing Agent

Keller Williams Realty Evolution

Broker

(978) 302-0824

Phone

ElizabethSmith@kw.com

Email

Affordability Calculator

$4,304
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,304
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
5138500 Elementary School
2184279 Middle School
Salem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/21/2026$699,000 Listed Price

Map

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16 School Street, Salem, NH, 03079 is a Multi-Family Home for sale at $699,000 with 2,288 sqft and a lot size of 2. 16 School Street is a studio with 0.0 baths and was built in 1850. The property's zip code is 03079 which is in Salem, NH

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