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.
Listed by Rich Granata
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The Granata Group
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617-699-9286
Last updated January 31, 2026
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Source: MLSPin #73473055
Listing Facts
TypeMulti-family
NeighborhoodSouth Salem
Bedrooms5
Bathrooms2
Days on Prevu1
Taxes$7,224/year
Size3,378 sqft
Price per sqft$207
Amenities
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
01/30/2026
Listed by The Granata Group
$699,000
Property Details for 3 Chase St
Exterior
Construction
Number Of Units Total: 2
Roof: Shingle
Stories: 3
Stories Total: 3
Year Built: 1915
Year Built Details: Actual
Features
Road Frontage Type: Public
Measurements
Building Area Total: 3,378
Building Area Units: Square Feet
Lot Size Acres: 0.06
Lot Size Area: 0
Lot Size Square Feet: 2,675
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 2135431
Tax Annual Amount: $7,224.00
Tax Assessed Value: $637,000.00
Tax Year: 2025
Interior
Features
Appliances: Range, Refrigerator, Washer, Dryer
Fireplace Features: Wood Burning
Fireplace: Yes
Fireplaces Total: 2
Flooring: Wood
Interior Features: Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Dining Room, Kitchen
Measurements
Living Area: 3,378
Living Area Source: Public Record
Rooms
Basement: Full, Walk-Out Access, Unfinished
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 5
Rooms Total: 10
Parking
Parking
Open Parking Spaces: 3
Open Parking: Yes
Parking Features: Paved Drive, Off Street, Tandem
Parking Total: 3
Utilities
Equipment
Electric: Circuit Breakers, Knob & Tube Wiring
Heating: Baseboard, Oil
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 5 bedrooms and 2 bathrooms in this multi-family home at 3 Chase St.
Does this multi-family home have parking?
Yes, there are 3 parking spaces available for 3 Chase St.
What are the annual taxes for 3 Chase St?
Annual taxes for this multi-family home are estimated at $7,224.
How does 3 Chase St compare to other multi-family homes in South Salem?
This multi-family home is listed 64% below the average price for multi-family homes in South Salem and has been on the market for 18 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,378 sqft.
3 Chase St is a 5-bedroom, 2-bath multi-family home for sale in Salem MA 01970. On Prevu for 1 days at $699,000. This residence features 3,378 square feet of living space, located in South Salem. The median listing price for multi-family homes in this area is $594,950. Property amenities include parking and washer/dryer. View other multi-family home listings in Salem.
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