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Sold for $900,000
  • $900,000

    39 Mason St, Salem, MA 01970

    8beds
    3,419sqft
    3 Family - 3 Units Up/Down
    Built in 1915
    -- sqft lot
    $900,000 Zestimate®
    $263/sqft
    $2,883 Estimated rent

    Home value

    $900,000

    $837,000 - $972,000

    $2,883/mo

    Zestimate® history
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    $2,883/mo

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    $5,622/mo

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    What's special

    Separate gas heating systemsLevel backyardHigh ceilings
    Well-maintained 1915 three-family in North Salem offering over 3,400 sq ft of living space with spacious 1,000–1,220 sq ft units. All three units will be delivered vacant, presenting a rare opportunity for investors or owner-occupants. Each unit features flexible 2–3 bedroom layouts, high ceilings, and separate gas heating systems (no oil). Interiors are clean and well maintained, with opportunity for cosmetic updates. Estimated market rents range from approximately $2,200–$3,000 per month per unit, depending on condition and improvements. Seller is in receipt of Letters of Compliance for Units 2, 3, and common areas. Conveniently located approximately 0.7 miles to Salem MBTA station and close to downtown Salem, shopping, dining, and area amenities. Property includes off-street parking for 3+ vehicles, basement storage, and a level backyard. Potential future uses and conversions subject to buyer due diligence and municipal approval.Located in a flood zone.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joyce Sullivan 978-852-5388,

    Serhant 617-250-0559

    Bought with:

    Montero Realty Group

    Realty One Group Nest

    Source: MLS PIN,MLS#: 73506068

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Range, Refrigerator
    Features
    • Living Room, Dining Room, Kitchen, Family Room, Sunroom
    • Flooring: Vinyl, Carpet
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 3,419
    • Total interior livable area: 3,419 sqft
    • Finished area above ground: 3,419

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved Drive, Off Street, Paved
    • Uncovered spaces: 3
    Features
    • Patio & porch: Porch, Covered
    • Exterior features: Balcony/Deck
    Lot
    • Size: 5,249 Square Feet
    • Features: Level
    Details
    • Parcel number: M:26 L:0086,2132207
    • Zoning: I

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family - 3 Units Up/Down
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University, Sidewalks
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $263/sqft
    • Tax assessed value: $900,000
    • Annual tax amount: $9,702
    • Date on market: 6/7/2026
    • Exclusions: Personal Property
    • Total actual rent: 0
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/28/2026Sold$900,000-7.1%$263/sqft
    Source: MLS PIN #73506068 Report a problem
    6/12/2026Pending sale$969,000$283/sqft
    Source: MLS PIN #73506068 Report a problem
    6/3/2026Contingent$969,000$283/sqft
    Source: MLS PIN #73506068 Report a problem
    4/23/2026Listed for sale$969,000+1103.7%$283/sqft
    Source: MLS PIN #73506068 Report a problem
    1/19/1988Sold$80,500$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,911 +7.5%$785,800 +10.1%
    2024$8,293 +3.6%$713,700 +11.6%
    2023$8,003 $639,700
    2022$8,003 +4.5%$639,700 +15.3%
    2021$7,659 +7%$555,000 +12%
    2020$7,160 +2.2%$495,500 +6.8%
    2019$7,008 +9.2%$464,100 +11.3%
    2018$6,415 +3.4%$417,100 +6.6%
    2017$6,204 +6.7%$391,200 +5.4%
    2016$5,817 +0.6%$371,200 +5.3%
    2015$5,785 +14.4%$352,500 +16.6%
    2014$5,056 +5.1%$302,200 -1.8%
    2012$4,811 -3.2%$307,800 -6.8%
    2011$4,970 +0.5%$330,200 -6.4%
    2010$4,944 -4.7%$352,900 -12.1%
    2009$5,189 +1.7%$401,600 -8.2%
    2008$5,103 +6.1%$437,300 -2%
    2007$4,808 $446,400
    Find assessor info on the county website

    Neighborhood: Mack Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $900,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $900,000