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Salem, NH Multifamily Home for Sale

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    $2,379,000

    • 12 Beds
    • 9 Baths
    • 7,674 Sq Ft

    3 S Shore Rd, Salem, NH 03079

    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 extra land, all within a short walk of Canobie Lake, which offers seasonal views

    Steve Cotran RE/MAX Area Real Estate Network LTD

    3 S Shore Rd, Salem, NH 03079

Why Live in Salem

Salem, New Hampshire, located along the New Hampshire-Massachusetts border, is a growing community with a population of around 30,000. The town is known for its large-scale development projects that include housing, retail, and recreational facilities, attracting new residents and boosting the local economy. Housing options in Salem are diverse, ranging from modest homes for first-time buyers to upscale 55-plus communities, as well as apartments and condos near shopping areas. Architectural styles include early 2000s Colonial Revival, midcentury ranch, and split-level designs. The Tuscan Village, a mixed-use development, is a major attraction, featuring markets, local restaurants, and businesses, making it a popular spot for shopping and dining. The Mall at Rockingham Park also offers a variety of major retail stores. Salem Public School District is well-regarded, with Salem High School earning high ratings and a graduation rate of 94%. The town is also home to several charter and private schools, including the Arts Academy of New Hampshire. Recreational opportunities abound with Canobie Lake Park, a historic amusement park, and several traditional parks such as Field of Dreams, Hedgehog Park, and Griffin Park. Golf enthusiasts can enjoy the public 18-hole Campbell’s Scottish Highlands Golf Course. For commuters, Interstate 93 provides a direct route into downtown Boston, 30 miles away, and local transportation options include services from the Cooperative Alliance for Regional Transportation and the volunteer-run Caregivers of Greater Salem. Salem's violent and property crime rates are lower than the national average.

Home Trends in Salem, NH

Housing Trends

Median Sale Price
$590,000
Median Single Family Sale Price
$629,900
Median Townhouse Sale Price
$780,000
Median 2 Bedroom Sale Price
$590,000
Median 1 Bedroom Sale Price
$594,900
Average Price Per Sq Ft
$404
Number of Homes for Sale
11
Last 12 months Home Sales
57
Months of Supply
2.30
Median List Price
$629,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%
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