3 Chase St

3,378 Sq. Ft.
$207 / Sq. Ft.
3,378
Sq. Ft.
$207
per Sq. Ft.

Description

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...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.
  1. Listed by Rich Granata • The Granata Group

Property Details for 3 Chase Street

Town
Salem
Area
MA-Salem
Garage Spaces
0
Parking Spaces
3.00
Parking Spaces Total
3

Open Houses

Sunday, Feb 1st

11:00 AM - 1:00 PM

Public

LISTING UPDATED: 01/30/2026 07:29 PM

Property Details for 3 Chase Street

StatusNew
MLS #73473055
Days on MarketListed Today
Taxes$7,224 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1915
CountyEssex County

Location

Listing Courtesy of The Granata Group, Rich Granata
Add your commute

Building Information for 3 Chase Street

Stories3Residences2Year Built1915Building Size-Lot Size0.06 AC / 2,675 SF

Payment Calculator

$4,009 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,407

Property Taxes

$602

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3 Chase Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 3378.0
  • Color: White
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement Features: Full, Walk Out, Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceFeatures: Wood Burning
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Wood
  • Interior Features: Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Dining Room, Kitchen
  • SpaYN: No
Exterior Features
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Tandem
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Tandem
  • Parking Features: Off-Street, Tandem
Utilities
  • Electric: Circuit Breakers, Knob & Tube Wiring
  • Heating: Baseboard, Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Property is being sold as-is. Property is in need of updating and improvements. Buyer and buyer’s agent to verify all information and perform their own due diligence.
Tax Information
  • Listing Terms: Contract
  • Tax ID: 2135431
  • Assessments: $637,000
  • Book: 5742
  • Tax Year: 2025
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 3
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 3 Chase Street

DateEvent & SourcePriceAppreciation
Jan 30, 2026

Listed (Active)

MLS PIN #73473055

$699,000
DateEvent & SourcePrice
01/30/2026

Listed (Active)

MLS PIN #73473055

$699,000

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

Public Records for 3 Chase Street

Taxable ValueLand$173,900Additions$463,100Total$637,000
Tax Record2025$7,224 ($602 / month)
Home Facts
Baths2Total Finished SqFt3,378 SqFtAbove Grade Finished SqFt3,378 SqFtUnfinished Basement SqFt1,351 SqFtStories3Lot Size2,675 SqFtStyleDuplexYear Built1915ZoningR3CountyESSEXAPNSALE M:34 L:0037

Schools near 3 Chase Street

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Horace Mann Laboratory School
PublicPK to 5

Bates Elementary School
PublicPK to 5

Witchcraft Heights Elementary School
PublicK to 5

Carlton Elementary School
PublicK to 5

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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3 Chase Street is a multi-family home for sale in Salem, MA 01970. This listing's school district is Salem School District. Nearby schools include Horace Mann Laboratory School, Bates Elementary School and Witchcraft Heights Elementary School. 3 Chase Street is a 5-bed, 2-bath, 3,378 sqft multi-family home built in 1915.

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 The Granata Group, Rich Granata

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.