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Sold for $650,000
  • $650,000

    3 Chase St, Salem, MA 01970

    5beds
    3,378sqft
    2 Family - 2 Units Up/Down
    Built in 1915
    -- sqft lot
    $775,000 Zestimate®
    $192/sqft
    $2,727 Estimated rent

    Home value

    $775,000

    $736,000 - $814,000

    $2,727/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rich Granata 617-699-9286,

    The Granata Group 617-699-9286

    Bought with:

    Rich Granata

    The Granata Group

    Source: MLS PIN,MLS#: 73473055

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Oil
    Appliances
    • Included: Range, Refrigerator, Washer, Dryer
    Features
    • Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Dining Room, Kitchen
    • Flooring: Wood
    • Basement: Full,Walk-Out Access,Unfinished
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 3,378
    • Total interior livable area: 3,378 sqft
    • Finished area above ground: 3,378

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved Drive, Off Street, Tandem
    • Uncovered spaces: 3
    Lot
    • Size: 2,675 Square Feet
    Details
    • Parcel number: 2135431
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 Family - 2 Units Up/Down
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1915

    Utilities & green energy

    • Electric: Circuit Breakers, Knob & Tube Wiring
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $192/sqft
    • Tax assessed value: $637,000
    • Annual tax amount: $7,224
    • Date on market: 8/21/2026
    • Listing terms: Contract
    • Total actual rent: 0

    Price history

    DateEventPrice
    9/4/2026Listing removed$799,900$237/sqft
    Source: MLS PIN #73535652 Report a problem
    8/22/2026Listed for sale$799,900+5.4%$237/sqft
    Source: MLS PIN #73535652 Report a problem
    8/13/2026Contingent$759,000$225/sqft
    Source: MLS PIN #73535652 Report a problem
    7/6/2026Price change$759,000-8%$225/sqft
    Source: MLS PIN #73535652 Report a problem
    6/17/2026Listed for sale$824,999+26.9%$244/sqft
    Source: MLS PIN #73535652 Report a problem
    3/23/2026Sold$650,000-7%$192/sqft
    Source: MLS PIN #73473055 Report a problem
    2/27/2026Contingent$699,000$207/sqft
    Source: MLS PIN #73473055 Report a problem
    2/20/2026Listed for sale$699,000$207/sqft
    Source: MLS PIN #73473055 Report a problem
    2/12/2026Contingent$699,000$207/sqft
    Source: MLS PIN #73473055 Report a problem
    1/30/2026Listed for sale$699,000$207/sqft
    Source: MLS PIN #73473055 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,224 +17.1%$637,000 +20%
    2024$6,169 +3.4%$530,900 +11.3%
    2023$5,967 $477,000
    2022$5,967 +2.4%$477,000 +12.9%
    2021$5,829 +1.9%$422,400 +6.7%
    2020$5,719 +1.2%$395,800 +5.7%
    2019$5,653 +8.4%$374,400 +10.4%
    2018$5,214 +7.4%$339,000 +10.8%
    2017$4,853 +2.8%$306,000 +1.5%
    2016$4,723 +3.2%$301,400 +8.1%
    2015$4,577 +11.9%$278,900 +14.1%
    2014$4,089 +7%$244,400 -0.1%
    2012$3,823 -0.9%$244,600 -4.6%
    2011$3,859 +0.1%$256,400 -6.8%
    2010$3,854 -2.8%$275,100 -10.3%
    2009$3,963 +2.2%$306,700 -7.6%
    2008$3,876 +0.5%$332,100 -7.3%
    2007$3,857 +5%$358,100 +9.3%
    2006$3,672 +4.1%$327,600 +5.6%
    2005$3,529 +5%$310,100 +8%
    2004$3,361 +26.1%$287,000 +38.6%
    2003$2,665 +12%$207,100 +17.7%
    2002$2,380 +21.7%$175,900 +36.5%
    1999$1,955 +31.3%$128,900 +9.5%
    1994$1,489 $117,700
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $775,000

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $775,000