3 Chase St Salem, MA 01970
The Point NeighborhoodEstimated payment $4,702/month
Highlights
- Popular Property
- Wood Flooring
- 2 Fireplaces
- Property is near a beach
- Attic
- 4-minute walk to Mary Jane Lee Park
About This Home
Don't miss out on this updated multi-family property! This is a large three story multi-family residence located in Salem with close proximity to downtown. Built in 1915, this house is a great opportunity for owner-occupants looking for a move in ready long term investment. Both units have new electrical systems with permits inspected and complete. New and refinished floors, and cosmetic updates throughout. The first floor unit features a living room with fireplace, dining room, kitchen, two bedrooms and one full bath. Plenty of potential and space to add a bedroom. Second floor unit offer three bedrooms, kitchen, and once full bath, as well as access to a walk up unfinished walk up with high ceilings. Additional highlights include parking for 3-4 vehicles, three separate electrical panels all new in 2026, roof and siding replaced approx 11 years ago, boiler installed in 2015, and a hot water heater installed in 2021. This is a rare and special property ready for move in.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,224
Year Built
- Built in 1915
Home Design
- Duplex
- Stone Foundation
- Shingle Roof
Interior Spaces
- 3,378 Sq Ft Home
- Property has 1 Level
- 2 Fireplaces
- Wood Burning Fireplace
- Living Room
- Dining Room
- Wood Flooring
- Attic
Kitchen
- Range
- Upgraded Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Paved Parking
- 3 Open Parking Spaces
Utilities
- Heating System Uses Oil
- Baseboard Heating
Additional Features
- Property is near a beach
- 2,675 Sq Ft Lot
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number M:34 L:0037,2135431
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,224 | $637,000 | $173,900 | $463,100 |
| 2024 | $6,169 | $530,900 | $165,300 | $365,600 |
| 2023 | $5,967 | $477,000 | $152,600 | $324,400 |
| 2022 | $6,160 | $464,900 | $147,500 | $317,400 |
| 2021 | $5,829 | $422,400 | $137,300 | $285,100 |
| 2020 | $5,719 | $395,800 | $129,700 | $266,100 |
| 2019 | $5,653 | $374,400 | $123,100 | $251,300 |
| 2018 | $5,214 | $339,000 | $117,000 | $222,000 |
| 2017 | $4,853 | $306,000 | $98,700 | $207,300 |
| 2016 | $4,723 | $301,400 | $94,100 | $207,300 |
| 2015 | $4,577 | $278,900 | $86,500 | $192,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/06/2026 07/06/26 | Price Changed | $759,000 | -8.0% | $225 / Sq Ft | |
| 06/17/2026 06/17/26 | For Sale | $824,999 | +26.9% | $244 / Sq Ft | |
| 03/23/2026 03/23/26 | Sold | $650,000 | -7.0% | $192 / Sq Ft | View Prior Sale |
| 02/26/2026 02/26/26 | Pending | -- | -- | -- | |
| 02/20/2026 02/20/26 | For Sale | $699,000 | 0.0% | $207 / Sq Ft | |
| 02/11/2026 02/11/26 | Pending | -- | -- | -- | |
| 01/30/2026 01/30/26 | For Sale | $699,000 | -- | $207 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $650,000 | -- | |
| Deed | $26,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $200,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $45,000 | No Value Available | |
| Closed | $100,000 | No Value Available | |
| Closed | $88,000 | No Value Available | |
| Closed | $75,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73535652
APN: SALE-000034-000000-000037
- 16 Leavitt St Unit 2
- 16 Leavitt St Unit 3
- 184 Lafayette St
- 185 Lafayette St Unit 3
- 19 Palmer St
- 11 Gardner St Unit 4
- 154 Lafayette St Unit 2
- 55 Perkins St
- 8-10 & 5 Porter St Ct & Ropes Portfolio
- 245 Lafayette St Unit 1H
- 1-7 Prince St & 48-54 Harbor St
- 258 Lafayette St Unit 2
- 6R Hazel Terrace Unit 1
- 56 Peabody St Unit 3E
- 75 Summer St Unit 5
- 51 Lafayette St Unit 606
- 55 Ocean Ave Unit 3
- 74A Wharf St Unit J7
- 64 Wharf St Unit 2
- 59 Summer St
- 4 Chase St Unit 2
- 8 Hancock St Unit 1L
- 32 Prince St Unit 1
- 32 Salem St Unit 3
- 233 Lafayette St Unit 16
- 233 Lafayette St Unit 22
- 27 Salem St Unit 2L
- 8 Walbridge St
- 296-300 Washington St
- 23 Gardner St
- 14 Porter St Unit 1F
- 8 Porter Street Ct Unit 3
- 10 Porter Street Ct Unit 2
- 10 Porter Street Ct Unit 1
- 59 Dow St Unit 1
- 5A Ropes St Unit 3
- 3 Ropes St Unit 2
- 17 Green St Unit 2
- 18 Ropes St Unit 2R
- 116 Lafayette St
Ask me questions while you tour the home.