16 School St

Salem, NH 03079

$699,000
Price
7
Beds
2,288 Sq. Ft.
$306 / Sq. Ft.
2,288
Sq. Ft.
$306
per Sq. Ft.
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Description

Great investment opportunity or ideal owner-occupied property with built-in rental income. This two-story multi-unit home offers two separate units, including a spacious 3-bedroom unit and a 4-bedroom unit, providing flexibility for investors or those looking to offset their mortgage with tenant income. Situated on a generous lot with a large backyard, the property also includes a barn with additional storage or possible rental potential. Located in a quiet neighborhood just steps from the elementary...Great investment opportunity or ideal owner-occupied property with built-in rental income. This two-story multi-unit home offers two separate units, including a spacious 3-bedroom unit and a 4-bedroom unit, providing flexibility for investors or those looking to offset their mortgage with tenant income. Situated on a generous lot with a large backyard, the property also includes a barn with additional storage or possible rental potential. Located in a quiet neighborhood just steps from the elementary school and only about a mile from Routes 93 and 495, offering excellent commuter convenience. A rare chance to own a versatile property with strong income potential, outdoor space, and a desirable location. Per public record, this is a 6-bedroom two-family; floor plans suggest a layout of 3 bedrooms on the first floor and 4 on the second (7 total). Buyer to verify all information.
  1. Listed by Elizabeth Smith • Keller Williams Realty Evolution • Phone: 978-302-0824

Property Details for 16 School Street

Water View
No
Waterfront Property
No
Zoning
RES

Open Houses

Sunday, Apr 26th11:00 AM - 12:30 PM
PublicView contact
LISTING UPDATED: 04/25/2026 07:02 AM

Property Details for 16 School Street

StatusActive
MLS #5084584
Days on Market2
Taxes$8,346 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1850
Lot Size2.00 AC / 87,120 SF
CountyRockingham County
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Location

Listing Courtesy of Keller Williams Realty Evolution
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Building Information for 16 School Street

Stories2Residences2Year Built1850Building Size-Lot Size2.00 AC / 87,120 SF

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$4,215 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,520

Property Taxes

$696

HOA Dues

$0

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Property Information for 16 School Street

Summary
Location and General Information
  • City: Salem
  • County: NH-Rockingham
  • Directions: From I-93, take Exit 3 for NH-111 E toward North Salem. Turn left onto NH-111 E, right onto Range Rd, then continue onto Lake St/School St to the property.
  • Latitude: 42.790113000001000
  • Longitude: -71.202186999999995
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 75
  • Zip Code: 03079
Taxes and HOA Information
  • Tax Rate: 18.16%
  • Tax Year: 2025
  • Taxes TBD: Unknown
Parking
  • Garage: No
  • Garage Capacity: .00
  • Driveway: Paved
Property
Lot Information
  • Block: 0
  • Lot: 1623
  • Lot Features: Sidewalks, Sloping, Wooded
  • Lot Size Acres: 2.0
  • Road Frontage Length: 180.0
  • Water Body Access: No
  • Total Finished Area: 2288.0
  • Above Grade Finished Area: 2288.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 1032.0
  • AboveGradeUnfinishedAreaSource: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Unfinished Area: 792.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 87120.0
  • Total Area: 4112.0
Property and Assessments
  • Current Use: Unknown
  • Assessment Amount: $459,600
  • Assessment Year: 2025
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: Yes
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Yes
  • Year Built: 1850
  • School District: Salem School District
  • High School: Salem High School
  • Middle/Jr School: Woodbury School
  • Elementary School: Barron Elementary School
Utilities
  • Electric Company: Liberty Utilties
  • Electric: 110 Volt, 220 Volt, Circuit Breaker(s)
  • Sewer: 1500+ Gallon, Concrete, Leach Field On-Site, Septic
  • Water Source: Public
  • Utilities: Cable Available
  • Internet: High Speed Intrnt Avail, Cable Internet
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Asphalt Shingle
Interior Features
  • Appliances: Electric Water Heater, Water Heater off Boiler, Oil Water Heater, Separate Water Heater, Water Heater
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Unfinished, Interior Access, Exterior Access, Basement Stairs
  • Total Full Baths: 2
  • Heating: Oil, Baseboard, Radiator
  • Cooling: None
  • Total Stories: 2
Multi Family
Multi-Family Information
  • Total Units: 2
  • Total 1 BR Units: 0
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 2
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Status: Owner Occupied
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Status: Leased
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 4
  • Unit 2 Rental Amount: $2,300.00
  • Unit 2 Tenant Pays: Electric, Internet Service

Property History for 16 School Street

DateEvent & SourcePriceAppreciation
Apr 21, 2026

Listed (Active)

New England Real Estate Network #5084584

$699,000—
Nov 12, 2021

Sold (Public Record)

Public Record #1476656979

$440,000—
Nov 12, 2021

Sold

New England Real Estate Network #4867173

$440,000—
DateEvent & SourcePrice
04/21/2026

Listed (Active)

New England Real Estate Network #5084584

$699,000
11/12/2021

Sold (Public Record)

Public Record #1476656979

$440,000
11/12/2021

Sold

New England Real Estate Network #4867173

$440,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16 School Street

Taxable ValueLand$187,900Additions$271,700Total$459,600
Tax Record2025$8,346 ($696 / month)
Home Facts
Baths2Total Finished SqFt2,190 SqFtAbove Grade Finished SqFt2,190 SqFtUnfinished Basement SqFt792 SqFtStories2Lot Size87,120 SqFtStyleDuplexYear Built1850ZoningRESCountyROCKINGHAMAPNSLEM M:75 B:1623 L:

Schools near 16 School Street

This home is within Salem School District.
Rating
School
Type
Grades
Distance
William E. Lancaster School
Public - K to 5
Woodbury School
Public - 6 to 8
Salem High School
Public - 9 to 12
Rating
School
Distance
William E. Lancaster School
PublicK to 5

Woodbury School
Public6 to 8

Salem High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 16 School Street, Salem, NH 03079

16 School Street is a multi-family home for sale in Salem, NH 03079. This property was listed for sale on April 21, 2026 by Keller Williams Realty Evolution, it's currently listed at $699,000. It has been on the market for a total of 2 days and was last sold on November 12, 2021. This listing's school district is Salem School District. Nearby schools include William E. Lancaster School, Woodbury School and Salem High School. 16 School Street is a 7-bed, 2-bath, 2,288 sqft multi-family home built in 1850.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Evolution

Copyright 2026 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. Data last updated 04/26/2026 03:37 AM