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39 Mason St, Salem MA 01970

$969,000

Estimated $2,380/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $323,000

Total Rent: 0/year

Estimated CAP Rate:

8 Bedrooms

Baths

3419

Total Parking: 3

5,249 (0.12)

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.

This home has been viewed 10 times

Last Checked: June 18th, 2026 at 7:53am (Source: MLS PIN #73506068)

Gross Income: $0

Gross Expenses: $9,702

Net Income Calc: $9,702

Water Views

Annual Expenses for 39 Mason St, Salem MA 01970

Total Gross Expenses (Calculated)$9,702/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9702

Annual Income & Unit Breakdown for 39 Mason St, Salem MA 01970

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 39 Mason St, Salem MA 01970

Listing ID73506068

Property TypeMulti Family / 3 Family

Price969000 ($283.42/SqFt)

Style3 Family - 3 Units Up/down

CitySalem

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total3419

Approximate Lot Size (Acres)0.12

Total Parking3

Garage Parking0

Year Built1915

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningI

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 39 Mason St, Salem MA 01970

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsWasher And Dryer Excluded. Curtain Rods In Primary Belong To Stager.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 39 Mason St, Salem MA 01970

Real Estate Taxes9702

Tax Year2026

Assessed Value$900,000

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 39 Mason St, Salem MA 01970

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 39 Mason St, Salem MA 01970

Agent

Name: Joyce Sullivan

Office

Name: Serhant

Phone: 617-250-0559

Payment Calculator

, Interest

Property Taxes 808.5

Principal & Interest 5970.67

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Serhant

Joyce Sullivan

Agent Phone

Office Phone

(617) 250-0559

Text Agent Call Agent Call Office

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    [unparsed] => 39 Mason St, Salem MA 01970
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EXIT

39 More Photos

Pending

39 Mason St, Salem MA 01970

$969,000

Annual Expenses for 39 Mason St, Salem MA 01970

Annual Income & Unit Breakdown for 39 Mason St, Salem MA 01970

General Information for 39 Mason St, Salem MA 01970

Disclosures for 39 Mason St, Salem MA 01970

Financial Information for 39 Mason St, Salem MA 01970

Location Information for 39 Mason St, Salem MA 01970

Contact Information for 39 Mason St, Salem MA 01970

Agent

Office

Payment Calculator

Exclusive Listing Agent

Serhant

Joyce Sullivan