39 Mason StreetSalem, MA 01970MLS Number 73506068

  • Price: $969,000
  • Est. Mortgage of $/month
  • 49 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
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  • 8Bedrooms
  • 0.12Acreage
  • 3Bathrooms
  • 1915Year Built

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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.
Listed by Joyce Sullivan of Serhant

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More Info

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

Location

  • Address39 Mason Street
  • Building Number39
  • CountyEssex
  • StateMA
  • StreetMason Street
  • TownSalem
  • Zip01970

Interior

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

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

Tax Information

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

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms8
  • Full Bath3

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

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

Parking

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

Basic Information

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

Property

  • Acreage0.12

Exterior

  • Exterior Features Balcony/Deck
  • RoofShingle

Utilities

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

Legal

  • ZoningI

Other

  • Date Listed04/23/2026
  • Farm Land Area Units Square Feet
  • View Count4

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Real Brokerage

617-293-8070
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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