16 School Street

Property Description

BACK ON MARKET DUE TO BUYER INABILITY TO OBTAIN FINANCING. OPEN HOUSE 7/15 4PM - 6PM. Great investment opportunity or ideal owner-occupied property with built-in rental income. This two-story multi-unit home offers two separate units, including a spacious 3-bedroom unit and a 4-bedroom unit, providing flexibility for investors or those looking to offset their mortgage with tenant income. Situated on a generous lot with a large backyard, the property also includes a barn with additional storage or possible rental potential. Located in a quiet neighborhood just steps from the elementary school and only about a mile from Routes 93 and 495, offering excellent commuter convenience. A rare chance to own a versatile property with strong income potential, outdoor space, and a desirable location. Per public record, this is a 6-bedroom two-family; floor plans suggest a layout of 3 bedrooms on the first floor and 4 on the second (7 total). Buyer to verify all information.

Overview

Property Status

Sold

Date Sold

August 21, 2026

Lot Size

2 Acres

MLS ID

5084584

Property Type

Multi-Family

Year Built

1850

Are you interested?

Schedule a Tour

Elizabeth Smith

(978) 302-0824 [email protected]

Features & Amenities

Total Area

4,112 Sq.Ft.

Roof

Asphalt Shingle

Lot Features

Sloping, Wooded

Heat Type

Oil, Baseboard, Radiator

Air Conditioning

None

Appliances

Electric Water Heater, Water Heater off Boiler, Oil Water Heater, Separate Water Heater, Water Heater

Sewer

1500 Gallon, Concrete, Leach Field On-Site, Septic

Elementary School

Barron Elementary School

Middle School

Woodbury School

High School

Salem High School

School District

Salem School District

Sales Price

$715,000

Real Estate Tax

$8,346/yr

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 16 School Street, Salem, NH 03079

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