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3 Chase Street, Salem MA 01970
3 Chase Street, Salem MA 01970
Massachusetts>Salem>South Salem

3 Chase StreetSalem, MA 01970

For Sale

$759,000

Smart Buyer Rebate $2,680

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 3rd floor unfinished 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.

Listed by Kaitlyn Duyon

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eRealty Advisors, Inc.

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413-221-8651

Last updated July 24, 2026

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Source: MLSPin #73535652

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Salem
  • Bedrooms6
  • Bathrooms2
  • Days on Prevu44
  • Taxes$7,224/year
  • Size3,378 sqft
  • Price per sqft$225

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

07/06/2026
Price Decreased
$759,000
06/17/2026
Listed by eRealty Advisors, Inc.
$824,999

Property Details for 3 Chase Street

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 Features: Other
  • Lot Size Acres: 0.06
  • Lot Size Area: 0
  • Lot Size Square Feet: 2,675
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:34 L:0037,2135431
  • 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: Upgraded Cabinets, Upgraded Countertops, 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: 6
  • Rooms Total: 10

Parking

Parking

  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Tandem, Paved
  • Parking Total: 3

Utilities

Equipment

  • Electric: Common
  • Heating: Baseboard, Oil
  • Has Heating: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: For Gas Range, Washer Hookup
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 2 bathrooms in this multi-family home at 3 Chase Street.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 3 Chase Street.

What are the annual taxes for 3 Chase Street?

Annual taxes for this multi-family home are estimated at $7,224.

How does 3 Chase Street compare to other multi-family homes in South Salem?

This multi-family home is listed 60% below the average price for multi-family homes in South Salem and has been on the market for 2 more 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 Street is a 6-bedroom, 2-bath multi-family home for sale in Salem MA 01970. Listed on Prevu for 44 days at $759,000. This includes a recent price decrease of $65,999. This home features 3,378 square feet of living space, located in South Salem. The median listing price for multi-family homes in this area is $624,500. The home offers parking and washer/dryer. Explore more multi-family home listings in Salem.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.