Back 3 Chase Street
Off Market

3 Chase Street

Salem MA 01970

5
2
3
3378 sq. ft.
2675 sq. ft.
Other
Last sold for $650,000
Rich GranataRich Granata, last sold this property on 23 March 2026 after 51 days on market.

Overview

Presenting 3 Chase St, a three story multifamily residence ideally located in Salem. Built in 1915, this property offers a strong opportunity for investors, developers, or owner-occupants seeking long term value. The first floor unit features a living room with fireplace, dining room, two bedrooms, and one bath, while the second floor unit offers three bedrooms, one bath, and access to a walk up unfinished attic. Additional highlights include parking for three vehicles, oil heat with gas available for cooking, three separate electrical panels, roof and siding replaced approximately 11 years ago, a boiler installed in 2015, and a hot water heater replaced in 2021, making this a rare chance to reimagine and enhance a well located multifamily property.

Features

5 bedrooms
2 bathrooms
3 carspaces
3 open car spaces
3378 sq. ft. floor area
2675 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 5 bedroom other properties sold in Salem over the last 12 months, the estimated median property value of 3 Chase Street is $830k.

Median value
$830k
Estimated value range
$650k - $2.52m
Median days on market
31
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Salem. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3 Chase Street

2026
Sold
$650,000
23 Mar 2026 by Rich Granata, of The Granata Group

Happy sellers in Salem

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We have insufficient information to provide an overview of customer satisfaction for Salem. Viewing the agent profiles, reviews and sales for Salem can provide insights for this location.

Local market activity for 5 bedroom other properties in Salem

In the last 12 months, 4 five-bedroom other properties similar to 3 Chase Street, have been sold.

This represents a 66% decrease in five-bedroom other properties sales when compared to the previous 12 months.

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