3 S Shore Rd

Salem, NH 03079

$2,360,000
Price
14
Beds
7,674 Sq. Ft.
$308 / Sq. Ft.
7,674
Sq. Ft.
$308
per Sq. Ft.

Description

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....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.

Property Details for 3 South Shore Road

Town
Salem
Area
NH-Salem
Garage Spaces
0
Parking Spaces
20.00
Parking Spaces Total
20
LISTING UPDATED: 12/13/2025 03:07 AM

Property Details for 3 South Shore Road

StatusActive
MLS #73389898
Days on Market186
Taxes$13,222 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1880
CountyRockingham County

Location

Listing Courtesy of RE/MAX Area Real Estate Network
Add your commute

Building Information for 3 South Shore Road

Stories7Residences9Year Built1880Building Size-Lot Size1.80 AC / 78,408 SF

Payment Calculator

$12,763 per month

30 year fixed, 6.28% Interest

Principal and Interest

$11,662

Property Taxes

$1,102

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3 South Shore Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Other (See Remarks)
  • Living Area: 7674.0
  • SqFt with Basement: No
  • Total Units: 9
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 9.0
  • Num of Full Baths: 9
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 9.00
  • Bathrooms Total Integer: 9
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Gentle Sloping
  • Patio And Porch Features: Porch
  • Roof Material: Other
  • Waterfront Features: Lake/Pond, 1/2 to 1 Mile To Beach
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Water: Private
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 590482
  • Assessments: $785,400
  • Book: 6547
  • Tax Year: 2024
  • Zoning: MDL-01
Building / Association Information
Living Characteristics
  • Beds Total: 14
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Block, Granite
  • Levels: 7
Income / Expenses
  • GOI: $141,240.00
  • NOI: $141,240.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 1
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $20,010.00

Property History for 3 South Shore Road

DateEvent & SourcePriceAppreciation
Dec 9, 2025

Price Change

MLS PIN #73389898

$2,360,000—
Dec 5, 2025

Price Change

MLS PIN #73389898

$2,361,000—
Nov 25, 2025

Price Change

MLS PIN #73389898

$2,362,000—
Nov 20, 2025

Price Change

MLS PIN #73389898

$2,363,000—
Nov 11, 2025

Price Change

MLS PIN #73389898

$2,364,000—
Nov 6, 2025

Price Change

MLS PIN #73389898

$2,365,000—
Oct 28, 2025

Price Change

MLS PIN #73389898

$2,366,000—
Oct 21, 2025

Price Change

MLS PIN #73389898

$2,367,000—
Oct 14, 2025

Price Change

MLS PIN #73389898

$2,368,000—
Oct 9, 2025

Price Change

MLS PIN #73389898

$2,369,000—
Oct 2, 2025

Price Change

MLS PIN #73389898

$2,370,000—
Sep 25, 2025

Price Change

MLS PIN #73389898

$2,371,000—
Sep 16, 2025

Price Change

MLS PIN #73389898

$2,372,000—
Sep 9, 2025

Price Change

MLS PIN #73389898

$2,373,000—
Sep 6, 2025

Price Change

MLS PIN #73389898

$2,374,000—
Aug 26, 2025

Price Change

MLS PIN #73389898

$2,375,000—
Aug 22, 2025

Price Change

MLS PIN #73389898

$2,376,000—
Aug 12, 2025

Price Change

MLS PIN #73389898

$2,377,000—
Aug 5, 2025

Price Change

MLS PIN #73389898

$2,378,000—
Jul 29, 2025

Price Change

MLS PIN #73389898

$2,379,000—
Jul 22, 2025

Price Change

MLS PIN #73389898

$2,380,000—
Jul 15, 2025

Price Change

MLS PIN #73389898

$2,381,000—
Jul 8, 2025

Price Change

MLS PIN #73389898

$2,382,000—
Jul 1, 2025

Price Change

MLS PIN #73389898

$2,383,000—
Jun 24, 2025

Price Change

MLS PIN #73389898

$2,384,000—
Jun 24, 2025

Price Change

New England Real Estate Network #5038205

$2,384,000—
Jun 12, 2025

Listed (Active)

MLS PIN #73389898

$2,385,000—
Jun 12, 2025

Price Change

New England Real Estate Network #5038205

$2,385,000—
Jun 2, 2025

Expired

MLS PIN #73316813

$2,400,000—
Apr 28, 2025

Listed (Active)

New England Real Estate Network #5038205

$2,395,000—
Jan 10, 2025

Withdrawn

New England Real Estate Network #5023421

—
Jan 10, 2025

Temporarily Off Market

MLS PIN #73316813

$2,400,000—
Jan 7, 2025

Price Change

New England Real Estate Network #5023421

$2,349,900—
Dec 3, 2024

Listed (Active)

MLS PIN #73316813

$2,400,000—
Nov 29, 2024

Listed (Active)

New England Real Estate Network #5023421

$2,400,000—
May 14, 2024

Sold (Public Record)

Public Record #1532407358

$1,100,000—
Apr 30, 2024

Sold (Public Record)

Public Record #1531601977

$861,000—
Feb 22, 2024

Expired

New England Real Estate Network #4985596

—
Feb 22, 2024

Withdrawn

MLS PIN #73204189

$1,600,000—
Feb 21, 2024

Listed (Active)

New England Real Estate Network #4985596

$1,600,000—
Feb 21, 2024

Listed (Active)

MLS PIN #73204189

$1,600,000—
DateEvent & SourcePrice
12/09/2025

Price Change

MLS PIN #73389898

$2,360,000
12/05/2025

Price Change

MLS PIN #73389898

$2,361,000
11/25/2025

Price Change

MLS PIN #73389898

$2,362,000
11/20/2025

Price Change

MLS PIN #73389898

$2,363,000
11/11/2025

Price Change

MLS PIN #73389898

$2,364,000
11/06/2025

Price Change

MLS PIN #73389898

$2,365,000
10/28/2025

Price Change

MLS PIN #73389898

$2,366,000
10/21/2025

Price Change

MLS PIN #73389898

$2,367,000
10/14/2025

Price Change

MLS PIN #73389898

$2,368,000
10/09/2025

Price Change

MLS PIN #73389898

$2,369,000
10/02/2025

Price Change

MLS PIN #73389898

$2,370,000
09/25/2025

Price Change

MLS PIN #73389898

$2,371,000
09/16/2025

Price Change

MLS PIN #73389898

$2,372,000
09/09/2025

Price Change

MLS PIN #73389898

$2,373,000
09/06/2025

Price Change

MLS PIN #73389898

$2,374,000
08/26/2025

Price Change

MLS PIN #73389898

$2,375,000
08/22/2025

Price Change

MLS PIN #73389898

$2,376,000
08/12/2025

Price Change

MLS PIN #73389898

$2,377,000
08/05/2025

Price Change

MLS PIN #73389898

$2,378,000
07/29/2025

Price Change

MLS PIN #73389898

$2,379,000
07/22/2025

Price Change

MLS PIN #73389898

$2,380,000
07/15/2025

Price Change

MLS PIN #73389898

$2,381,000
07/08/2025

Price Change

MLS PIN #73389898

$2,382,000
07/01/2025

Price Change

MLS PIN #73389898

$2,383,000
06/24/2025

Price Change

MLS PIN #73389898

$2,384,000
06/24/2025

Price Change

New England Real Estate Network #5038205

$2,384,000
06/12/2025

Listed (Active)

MLS PIN #73389898

$2,385,000
06/12/2025

Price Change

New England Real Estate Network #5038205

$2,385,000
06/02/2025

Expired

MLS PIN #73316813

$2,400,000
04/28/2025

Listed (Active)

New England Real Estate Network #5038205

$2,395,000
01/10/2025

Withdrawn

New England Real Estate Network #5023421

—
01/10/2025

Temporarily Off Market

MLS PIN #73316813

$2,400,000
01/07/2025

Price Change

New England Real Estate Network #5023421

$2,349,900
12/03/2024

Listed (Active)

MLS PIN #73316813

$2,400,000
11/29/2024

Listed (Active)

New England Real Estate Network #5023421

$2,400,000
05/14/2024

Sold (Public Record)

Public Record #1532407358

$1,100,000
04/30/2024

Sold (Public Record)

Public Record #1531601977

$861,000
02/22/2024

Expired

New England Real Estate Network #4985596

—
02/22/2024

Withdrawn

MLS PIN #73204189

$1,600,000
02/21/2024

Listed (Active)

New England Real Estate Network #4985596

$1,600,000
02/21/2024

Listed (Active)

MLS PIN #73204189

$1,600,000

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

Public Records for 3 South Shore Road

Taxable ValueLand$177,800Additions$607,600Total$785,400
Tax Record2024$13,823 ($1,152 / month)
Home Facts
Baths9Total Finished SqFt7,674 SqFtAbove Grade Finished SqFt7,674 SqFtUnfinished Basement SqFt3,284 SqFtStories3Lot Size78,408 SqFtStyleMulti-Family Res (5+ Units)Year Built1880ZoningRESCountyROCKINGHAMAPNSLEM M:79 B:4433 L:

Schools near 3 South Shore Road

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Mary A. Fisk Elementary School
Public - K to 5
Woodbury School
Public - 6 to 8
Salem High School
Public - 9 to 13
Rating
School
Distance
Mary A. Fisk Elementary School
PublicK to 5

Woodbury School
Public6 to 8

Salem High School
Public9 to 13

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 3 South Shore Road, Salem, NH 03079

3 South Shore Road is a multi-family home for sale in Salem, NH 03079. This property was listed for sale on June 12, 2025 by RE/MAX Area Real Estate Network, it's currently listed at $2,360,000. It has been on the market for a total of 186 days and was last sold on May 14, 2024. This listing's school district is Salem School District. Nearby schools include Mary A. Fisk Elementary School, Woodbury School and Salem High School. 3 South Shore Road is a 14-bed, 9-bath, 7,674 sqft multi-family home built in 1880.

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 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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Area Real Estate Network

Based on information from one of the following Multiple Listing Services: New England Real Estate Network, Maine Listings. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by New England Real Estate Network, Maine Listings is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated: 12/15/2025 06:28 PM