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$1,050,000
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Property Description
Opportunity awaits with this spacious multi-family property at 3 & 5 Shady Lane in Salem, NH. Privately set on a generous lot, this unique property offers exceptional flexibility for investors, owner-occupants, or multi-generational living. Featuring over 3,300 square feet of living space, multiple bedrooms and baths, separate living areas, and ample parking, the property provides strong income potential while maintaining a comfortable residential feel. Built in 1983 and situated on approximately 1.15 acres, the home offers room to grow, outdoor space to enjoy, and convenient access to major commuter routes, shopping, dining, and all that Salem has to offer. Whether you're looking to expand your investment portfolio or create a versatile living arrangement, this rare multi-family, move-in ready opportunity combines space, location, and potential in one desirable package. Ideally located just minutes from Salem's thriving Tuscan Village, this property offers convenient access to one of Southern New Hampshire's premier lifestyle destinations. Enjoy shopping, restaurants, entertainment, fitness studios, walking trails, community events, Whole Foods, and more-all less than 5 minutes away. Showings begin at Open House Friday, June,5th 4PM to 7PM, Saturday, June, 6th and Sunday, June, 7th from 11AM to 2PM ***Accepting offers until Monday, June 8 at 5:00pm.
Full Property Details
Full Property Details for 3 and 5 Shady Ln #3 and 5
General
- Sold For: $1,050,000
- Taxes: $12,305 (2025)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5091878
- Added to Site: 36 day(s) ago
Interior
- Flooring: Carpet, Hardwood, Laminate, Tile
Exterior
- Exterior Features: Deck, Dog Fence, Garden Space, Gazebo, Hot Tub, Natural Shade, Outbuilding, Patio, Porch, Covered Porch, Shed, Window Screens, Double Pane Window(s)
- Color: beige
Parking
- Garage: Yes
- Garage Spaces: 6
- Parking: Direct Entry, Heated Garage, Driveway, Garage, Off Street, Parking Spaces 1 - 10, Parking Spaces 6+, Attached
Location
- County: Rockingham
- Driving Directions: On I-495, head NW. Take Exit 97B for I-93N towards Salem, NH. Take Exit 2 toward NH-38/NH-97/Salem. Continue onto Pelham Rd. Turn left onto Millville St, turn left onto Scotland Ave, turn right onto Shady Ln. The property is on the left of the cul-de-sac.
School Information
- School District: Salem School District
- Elementary School: William E Lancaster School
- Middle School: Woodbury School
- High School: Salem High School
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Oil, Pellet Stove, Boiler
- Furnaces: 2
- Water Heaters: 2
Utilities
- Sewer: 1500+ Gallon, Leach Field, Private, Septic
- Separate Meters: Varies
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Walkout
- Basement Desc.: Climate-Controlled, Concrete, Daylight, Finished, Insulated, Interior Stairs, Storage Space, Walkout, Interior Access, Exterior Access, Basement Stairs
- Roof: Asphalt Shingles
- Stories/Levels: 2
- Finished Total: 4,812 Sq. Ft.
- Finished Above Grnd: 3,368 Sq. Ft.
- Finished Below Grnd: 1,444 Sq. Ft.
- Year Built: 1983
Unit Information
- 2 Bedroom Units: 2
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 1.15
- Lot Size (Sq. Ft.): 50,094
- Frontage: TBD
- Driveway/Sidewalk: Paved
- Zoning: Residential
Financial Considerations
- Price Per Sq. Ft.: $267.19
- Tax Amount: $12,305
- Tax Year: 2025
Disclosures and Reports
- Block: 2746
Listed by BHG Masiello Hampton, Suzy Frost
Sold by McGinn & Associates Realty, LLC, Mark. McGinn
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Schools
Schools serving 3 and 5 Shady Ln #3 and 5
School District:Salem School District, Salem, NH
| Name | Grades | Distance |
|---|---|---|
William E. Lancaster School 54 Millville Street, Salem, NH 03079 | K-5 | 0.9 mi |
Woodbury School 206 Main Street, Salem, NH 03079 | 6-8 | 1.4 mi |
Salem High School, Salem, NH 44 Geremonty Drive, Salem, NH 03079 | 9-12 | 1.6 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 3 and 5 Shady Ln #3 and 5
Date
Details
Price
Change
Source
7/02/2026
Sold
$1,050,000
16.68%
MLS
6/05/2026
Listed
$899,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3 and 5 Shady Lane #3 and 5, Salem, NH 03079 (MLS# 5091878) is a Multi-Family property that was sold at $1,050,000 on July 02, 2026. Want to learn more about 3 and 5 Shady Lane #3 and 5? 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.

