$2,395,000

3 S Shore Rd Salem, NH 03079

7,674 sqft
1.8 acres
$312 / sqft
Land

Property details

About 3 S Shore Rd

Excellent location just a few minutes from I93 exit 2 on a large 1.8 acre lot in a low density single family neighborhood. This 9 unit building on city sewer has a large welcoming back yard, extra land and ample paved parking a short walk from Canobie Lake which you can see from the 3rd floor. The building will be occupied and stabilized. 6 apartments have been completely renovated with new kitchens granite tops and sleek stainless steel appliances, new baths, new or refinished hardwood flooring, LED lighting, new decks, sliding doors and windows. Each apartment has separate heat and electric and produces an 8% capitalization rate. There is a large large U=shape driveway and ample parking area. Unit 9 is a 2 bedroom freshly renovated town-home style unit with sliders to a rear deck, new kitchen, bath, appliances, refinished wood flooring. Principals of selling entity are licensed real state agents.

Highlights

Home typeOther
HeatingHot Water
StatusActive
Size7,674 sqft
BasementYes
Lot size1.8 Acres
Year built1880
ParkingDriveway, Off Street, On-Site, Parking Spaces 11 - 20, Paved
MLS #5038205

Summary

  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Laminate, Vinyl Plank
  • Parking: Driveway, Off Street, On-Site, Parking Spaces 11 - 20, Paved
  • Exterior: Balcony, Deck
  • Heating: Hot Water
  • Cooling: None
  • List Price: $2,395,000
  • Price/SqFt: $312
  • Annual Tax Amount: $13,320
  • Tax Year: 2023
  • Directions: I93 Exit 2, East on Pelham, 1st left at light on N Policy to Brookdale to Lake Shore to corner of S Shore and Lakeshore
  • Year Built: 1880
  • Stories: 3
  • Living Area: 7,674 SqFt
  • Lot Size: 1.8 Acres
  • MLS Number: 5038205
  • Office Name: RE/MAX Area Real Estate Network LTD
  • Office Phone: (603) 626-5000
  • Office Email: scotran@remax.net
  • Listing Agent: Steve Cotran

IDX© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,395,000

3 S Shore Rd

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Price information

Property sales

DateEventPrice
May 14, 2024
Home Sold
$1,100,000
Apr 30, 2024
Home Sold
$861,000

Tax history

YearAssessmentProperty Tax
2023$785,400$13,320
2022$785,400$12,606
2021$785,400$12,551
2020$487,100$10,726
2019$487,100$10,706
2018$487,100$10,526

History based on county public records data.

Nearby schools

6

Mary A. Fisk Elementary School

Public District KG-5

0.9 mi

14 Main St

6

William E. Lancaster School

Public District KG-5

1.4 mi

54 Millville St

6

Windham Academy Public Charter School

Public Charter KG-5

1.6 mi

1 Industrial Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $76,738. The majority of Salem, NH residents have income between $35k-100k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

21%
<35k
46%
35k-100k
30%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
8%
Single, with Kids
36%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
9%
12-17 yrs old
16%
18-34 yrs old
49%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera
  • Minor League Baseball GamesMinor League Baseball Games

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Boston MarketBoston Market
  • Chick-fil-AChick-fil-A

What do the neighbors drive?

  • MazdaMazda
  • VolvoVolvo
  • KiaKia

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • Active RockActive Rock
All data provided by Home Junction and Claritas

Frequently asked questions

About 3 S Shore Rd

The listing price of 3 S Shore Rd property is $2,395,000.

The property 3 S Shore Rd is land located in Salem, New Hampshire, 03079.

Active Listing: 3 S Shore Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3 S Shore Rd are: Mary A. Fisk Elementary School (GreatSchools Rating 6/10), William E. Lancaster School (GreatSchools Rating 6/10), Windham Academy Public Charter School (GreatSchools Rating 6/10), Woodbury School (GreatSchools Rating 5/10), Windham Center School (GreatSchools Rating 10/10), Windham Middle School (GreatSchools Rating 9/10), Granite State Arts Academy Charter School (GreatSchools Rating 4/10), Salem High School (GreatSchools Rating 5/10), Windham High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2023 is $13,320 (source: MLS/based on county public records data).

The last sale was on May 14, 2024 for $1,100,000 (source: MLS/tax record).

The property 3 S Shore Rd is 1.8 acres.

The property 3 S Shore Rd is 7,674 SqFt (source: MLS/tax record).

The year of construction for 3 S Shore Rd is 1880.

This home is located at 3 S Shore Rd in Salem, NH and zip code 03079. This 7,674 square foot home, which was built in 1880, sits on a 1.80 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $2,395,000.

In March 2025 more than 8 listings in Salem, NH were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 5 were sold below. Between February and March 2025, Salem, NH real estate market has seen increase in the number of listings by 3.6%. Listings spent 22 days on the market in March 2025, and had a median list price of $546,250 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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