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.

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Basic Information

Contingency Pending P&S
Gross Income $13,200
Lot Features Level
Mls StatusContingent
Parcel Number M:26 L:0086,2132207
Road Frontage DescriptionPaved

Tax Information

Tax Assessed Value $900,000
Tax Year 2026
Taxes$9,702

Parking

Open Parking YN Yes
Parking Features Paved Drive, Off Street, Paved
Parking Spaces3

Rooms

Bathroom3
Bathrooms Total Decimal 3
Bedrooms8
Full Bath3

Basic Information

List Price$969,000
MLS Number73506068
Modification Date06/03/2026
Property SubType3 Family - 3 Units Up/Down
Purchase Contract Date06/03/2026
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Location

Address39 Mason Street
Building Number39
CountyEssex
StateMA
StreetMason Street
TownSalem
Zip01970

Building

BasementFull
Building Area Units Square Feet
Construction Materials Frame
FoundationStone
Levels 3
Patio And Porch Features Porch, Covered
Rooms21
Stories3
Units3
Year Built1915
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.12

Interior

Flooring Vinyl, Carpet
Interior Features Living Room, Dining Room, Kitchen, Family Room, Sunroom

Exterior

Exterior Features Balcony/Deck
RoofShingle

Utilities

Heat SystemYes
Heating Central, Forced Air, Natural Gas
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Measured
Living Area 3,419
Lot Size Square Feet 5,249
Lot Size Units Acres
Road Responsibility Public Maintained Road
Square Feet3,419

Amenities

Amenities
- Bike Path
- Golf
- Highway Access
- House of Worship
- Laundromat
- Marina
- Medical Facility
- Park
- Public School
- Public Transportation
- Shopping
- Sidewalks
- T-Station
- University
- Walk/Jog Trails
Appliances IncludedRange, Refrigerator
Other AmenitiesBasement, Golf

Legal

ZoningI

Other

Date Listed04/23/2026
Farm Land Area Units Square Feet

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