Recently Listed Open House 6/5 4pm - 7pm
3 and 5 Shady Lane # 3 and 5
Salem, NH, 03079 $ 899,900
Bedrooms4 Baths4.0 Sq 4,812 Monthly Estimate*
$ 5,541
Listed by Suzy Frost, BHG Masiello Hampton, 603-918-8941, suzyfrost@masiello.com
for $899,900 with 4 bedrooms and 4 full baths. This 4,812 square foot home was built in 1983 on a lot size of 1.15.
Opportunity awaits with this spacious multi-family property at 3 & 5 Shady Lane in Salem, NH. Privately set on a generous lot, this unique property offers exceptional flexibility for investors, owner-occupants, or multi-generational living. Featuring over 3,300 square feet of living space, multiple bedrooms and baths, separate living areas, and ample parking, the property provides strong income potential while maintaining a comfortable residential feel. Built in 1983 and situated on approximately 1.15 acres, the home offers room to grow, outdoor space to enjoy, and convenient access to major commuter routes, shopping, dining, and all that Salem has to offer. Whether you're looking to expand your investment portfolio or create a versatile living arrangement, this rare multi-family, move-in ready opportunity combines space, location, and potential in one desirable package. Ideally located just minutes from Salem's thriving Tuscan Village, this property offers convenient access to one of Southern New Hampshire's premier lifestyle destinations. Enjoy shopping, restaurants, entertainment, fitness studios, walking trails, community events, Whole Foods, and moreâall less than 5 minutes away. Showings begin at Open House Friday, June,5th 4PM to 7PM, Saturday, June, 6th and Sunday, June, 7th from 11AM to 2PM
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Open House
6/5/2026 4:00 PM - 7:00 PM
6/6/2026 11:00 AM - 2:00 PM
6/7/2026 11:00 AM - 2:00 PM
3 and 5 Shady Lane # 3 and 5 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
FeaturesInteriorBasement Description Climate Controlled Concrete Daylight Finished Insulated Interior Stairs Storage Space Walkout Interior Access Exterior Access Basement Stairs
Basement Yes
Flooring Carpet Hardwood Laminate Tile
Total Number of Units 2
Total Full Baths 4
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GeneralRoad Frontage TBD
Sewer 1500+ Gallon Leach Field Private Septic
Heating Oil Pellet Stove Boiler
Cooling Central AC
Utilities Cable Propane
Roof Asphalt Shingle
Garage Yes
current use Yes
Flood Zone No
Zoning Residential
Exclusions Both units have been owner-occupied for 42 years.
Year Built 1983
Electric 100 Amp Service 200+ Amp Service
Style Contemporary
Stories Count 2
Construction Status Existing
Block 2746
Unit Number 3 and 5
Auction No
Tax Year 2025
Status Detail 1
Covenants No
Construction Materials Wood Frame Vinyl Siding
Directions On I-495 head NW. Take Exit 97B for I-93N towards Salem NH. Take Exit 2 toward NH-38/NH-97/Salem. Continue onto Pelham Rd. Turn left onto Millville St turn left onto Scotland Ave turn right onto Sha
High School Salem High School
City Salem
School District Salem School District
Seasonal No
Elementary School William E Lancaster School
Middle School Woodbury School
DOM 0
Price Per Sq Ft Total AG 187.01
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ExteriorLot Features Neighborhood
Exterior Amenities Deck Dog Fence Garden Space Gazebo Hot Tub Natural Shade Outbuilding Patio Porch Covered Porch Shed Window Screens Double Pane Window(s)
Driveway Paved
Lot Size Area 1.15
Water Source Public
Parking Features Direct Entry Heated Garage Driveway Garage Off Street Parking Spaces 1 - 10 Parking Spaces 6+ Attached
Garage Capacity 6
Foundation Concrete
Lot 0
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* Excluded FeaturesList ByBhg Masiello HamptonBroker
suzyfrost@masiello.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,541
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbyMulti-family listings in Salem, NH
Average List Price $982,967
Percent of Sale Price 9%
About Salem, NH 29,851 Population
7% Since 2002
$ 80,873 Median Income
46.04 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
5484490 Elementary School
2184279 Middle School
Salem High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/30/2026 | $899,900 | | Listed Price |