16 School Street

Property Description

BACK ON MARKET DUE TO BUYER INABILITY TO OBTAIN FINANCING. OPEN HOUSE 7/1 5PM - 630PM. 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

For Sale

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

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

$699,000

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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