3 S Shore Rd Salem, NH 03079
Property details
About 3 S Shore Rd
An exciting investment opportunity with you. Located just minutes from I-93 Exit 2 in a low-density single-family neighborhood, this well-maintained 9-unit apartment building sits on a spacious 1.8-acre lot and is connected to city sewer. The property boasts a large and inviting backyard, ample paved parking, and extraland, all within a short walk of Canobie Lake, which offers seasonal views from the third floor. The building is currently occupied and stabilized, presenting an immediateincome stream. Six of the apartments have been recently and completely renovated, featuring modern kitchens with granite countertops and stainless steel appliances,updated bathrooms, refinished or new hardwood flooring, energy-efficient LED lighting, and new decks, sliding doors, and windows. Each unit is separately metered forheat and electricity and the property currently yields a strong 8% capitalization rate. The property also features a large U-shaped driveway providing ease of access.
Highlights
(Price Changed)
Summary
- Full Bathrooms: 9
- Basement: Yes
- Total Bedroom Count: 14
- Parking: Paved Drive, Off Street
- Waterfront: Lake Front
- List Price: $2,383,000
- Price/SqFt: $310
- Annual Tax Amount: $13,320
- Tax Year: 2023
- Lot: Gentle Sloping
- Directions: I93 Exit 2, East on Pelham, 1st left at light on N Policy to Brookdale to Lake Shore to cornerof S S
- Year Built: 1880
- Stories: 7
- Living Area: 7,674 SqFt
- Lot Size: 1.8 Acres
- MLS Number: 73389898
- MLS Name: MLS Property Information Network
- Office Name: RE/MAX Area Real Estate Network
- Office Phone: (603) 580-4808
- Listing Agent: Steven Cotran
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 9:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 14, 2024 | Home Sold | $1,100,000 |
| Apr 30, 2024 | Home Sold | $861,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $76,738. Typical income of Salem, NH residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hiking/backpacking
Symphony or Opera
Minor League Baseball Games
Where do the neighbors shop?
Nordstrom Rack
Chico's
New York & Company
Where do the neighbors go to eat?
Chipotle
Boston Market
Chick-fil-A
What do the neighbors drive?
Mazda
Volvo
Kia
What do the neighbors listen to?
Rock
Talk/Personality- Active Rock
Frequently asked questions
About 3 S Shore Rd
The listing price of 3 S Shore Rd property is $2,383,000.
The property 3 S Shore Rd is a multi 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 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: 14 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $2,383,000.
In June 2025, from all listings sold in Salem, NH there were more than 24 sold above asking price, over 7 sold below and more than 9 were sold right at the asked price. The number of homes for sale in Salem, NH increased by 32.9% between May and June 2025. Listings spent 27 days on the market in June 2025, and had a median list price of $585,000 during the same period.