39 Mason St

3,419 Sq. Ft.
$283 / Sq. Ft.
3,419
Sq. Ft.
$283
per Sq. Ft.

Description

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,...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.
  1. Listed by Joyce Sullivan • Serhant

Property Details for 39 Mason Street

Town
Salem
Area
MA-Salem
Garage Spaces
0
Open Parking Spaces
3.00
Parking Spaces Total
3
LISTING UPDATED: 05/15/2026 04:35 PM

Property Details for 39 Mason Street

StatusActive
MLS #73506068
Days on Market25
Taxes$9,702 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1915
CountyEssex County

Location

Listing Courtesy of Serhant, Joyce Sullivan
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Building Information for 39 Mason Street

Stories3Residences3Year Built1915Building Size-Lot Size0.12 AC / 5,249 SF

Payment Calculator

$5,688 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,879

Property Taxes

$809

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 39 Mason Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University, Sidewalks
  • Living Area: 3419.0
  • Color: Yellow
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl, Carpet
  • Interior Features: Living Room, Dining Room, Kitchen, Family Room, Sunroom
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony/Deck
  • Exterior Features: Porch, Covered Patio/Deck
  • Lot Description: Level
  • Patio And Porch Features: Porch, Covered
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Heating: Central, Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Property is in a flood zone. Lead Certificates Units 2,3,and common hallways - See Separate Lead Paint Notification Forms
Tax Information
  • Tax ID: M:26 L:0086,2132207
  • Assessments: $900,000
  • Book: 35322
  • Lot: 086
  • Map: 26
  • Tax Year: 2026
  • Zoning: I
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Levels: 3
  • Heat Units: 3
Income / Expenses
  • Annual Expenses Source: Not Available
  • GOI: $13,200.00
  • NOI: $13,200.00
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
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 39 Mason Street

DateEvent & SourcePriceAppreciation
Apr 22, 2026

Listed (Active)

MLS PIN #73506068

$969,000
DateEvent & SourcePrice
04/22/2026

Listed (Active)

MLS PIN #73506068

$969,000

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

Public Records for 39 Mason Street

Taxable ValueLand$178,100Additions$607,700Total$785,800
Tax Record2025$8,911 ($743 / month)
Home Facts
Baths3Total Finished SqFt3,725 SqFtAbove Grade Finished SqFt3,725 SqFtUnfinished Basement SqFt1,374 SqFtStories3Lot Size5,249 SqFtStyleTriplexYear Built1915ZoningICountyESSEXAPNSALE M:26 L:0086

Schools near 39 Mason 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
Bates Elementary School
PublicPK to 5

Horace Mann Laboratory 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.

Similar Homes

39 Mason Street is a multi-family home for sale in Salem, MA 01970. This property was listed for sale on April 22, 2026 by Serhant, it's currently listed at $969,000. This listing's school district is Salem School District. Nearby schools include Bates Elementary School, Horace Mann Laboratory School and Witchcraft Heights Elementary School. 39 Mason Street is a 8-bed, 3-bath, 3,419 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 Serhant, Joyce Sullivan

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.