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$715,000

  • Sold
  • Closed
  • Multi-Family
  • 2 Units
  • 2 Acres
See This Home
Save This Home
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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.

Full Property Details for 16 School St

General

  • Sold For: $715,000
  • Taxes: $8,346 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: PrimeMLS
  • MLS ID: 5084584
  • Added to Site: 173 day(s) ago

Rental Information

  • Lease Terms: Unit2=Annual,

Parking

  • Parking: Auto Open, Direct Entry, Storage Above, Other

Location

  • County: Rockingham
  • Driving Directions: From I-93, take Exit 3 for NH-111 E toward North Salem. Turn left onto NH-111 E, right onto Range Rd, then continue onto Lake St/School St to the property.

School Information

  • School District: Salem School District
  • Elementary School: Barron Elementary School
  • Middle School: Woodbury School
  • High School: Salem High School

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Oil, Baseboard, Radiator

Utilities

  • Sewer: 1500+ Gallon, Concrete, Leach Field On-Site, Septic

Structural Information

  • Construction Status: Existing
  • Basement: Yes
  • Basement Entrance: Interior
  • Basement Desc.: Basement Stairs, Dirt Floor, Exterior Access, Interior Access, Unfinished
  • Roof: Asphalt Shingles
  • Stories/Levels: 2
  • Finished Total: 2,288 Sq. Ft.
  • Finished Above Grnd: 2,288 Sq. Ft.
  • Year Built: 1850

Unit Information

  • 3 Bedroom Units: 2

Unit 1

  • Square Feet: 1656
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Square Feet: 1434
  • Total Bathrooms: 1
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 2
  • Lot Size (Sq. Ft.): 87,120
  • Frontage: Yes Road Frontage
  • Frontage Feet: 180
  • Driveway/Sidewalk: Paved
  • Zoning: RES

Financial Considerations

  • Price Per Sq. Ft.: $305.51
  • Assessment Year: 2025
  • Assessment Amount: $459,600
  • Tax Amount: $8,346.33
  • Tax Year: 2025

Disclosures and Reports

  • Documents Avail.: Deed, Property Disclosure
  • Surveyed: Yes
  • Lot Number: 1623

Listed by Keller Williams Realty Evolution, Elizabeth Smith
Sold by Keller Williams Gateway Realty/Salem, Hannah. Botelho

Listed by Keller Williams Realty Evolution, Elizabeth Smith
Sold by Keller Williams Gateway Realty/Salem, Hannah. Botelho

Listing agent

— 16 School St —

  • Elizabeth Smith

    Keller Williams Realty Evolution

Phone: 978-302-0824

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16 School St

School District:Salem School District, Salem, NH
NameGradesDistance
William E. Lancaster School
54 Millville Street, Salem, NH 03079
K-51.2 mi
Woodbury School
206 Main Street, Salem, NH 03079
6-80.8 mi
Salem High School, Salem, NH
44 Geremonty Drive, Salem, NH 03079
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16 School St

Date
Details
Price
Change
Source
8/21/2026
Sold
$715,000
2.29%
MLS
4/25/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Realty Evolution, Elizabeth Smith
Sold by Keller Williams Gateway Realty/Salem, Hannah. Botelho

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16 School Street, Salem, NH 03079 (MLS# 5084584) is a Multi-Family property that was sold at $715,000 on August 21, 2026. Want to learn more about 16 School Street? Do you have questions about finding other Multi-Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.