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Listed by: Audrey Townsend | RE/MAX Innovative Properties (603) 216-9270
$769,900
Monthly Est:$3,832
-- Bed
- -- Bath
2,285sqft
225 Shannon Rd, Salem, NH 03079
$769,900
$3,832/moEst:
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Multi Family
Built in 1954
$-- HOA
1.12 acres lot
$337/sq.ft
Description
Turnkey Salem multifamily offering flexibility, income potential, and extensive updates! Ideal for owner-occupants looking to offset their mortgage, extended-family living, or investors seeking a well-maintained addition to their portfolio.
The spacious four-bedroom owner’s unit blends character with modern updates. The remodeled kitchen features new appliances, granite countertops, a custom wine bar with quartz countertop, and LVP flooring. The renovated bathroom offers a new double vanity, bathtub with updated tile surround, flooring, and stylish shiplap accents. Hardwood floors, additional shiplap, vaulted ceilings, and a charming four-season porch add warmth and character. A partially finished basement provides flexible space for recreation, storage, or other needs.
The two-bedroom rental unit features a bright open-concept kitchen, dining, and living area, separate laundry, and two generously sized bedrooms. The updated kitchen includes new cabinetry, sink, appliances, granite countertops, and LVP flooring, while the renovated bathroom offers a new vanity, sink, storage cabinetry, and flooring. Additional improvements include a new electric water heater, mini-splits, front steps, and spray foam insulation.
Outside, enjoy a generous lot with a large fenced backyard and dedicated outdoor space for each unit. New siding, composite decking and stairs, plus multiple energy-efficiency and insulation upgrades, add to the property's appeal. Move-in ready and thoughtfully improved, this versatile Salem multifamily offers an excellent opportunity for both investors and owner-occupants.
Schedule your private showing today or attend the open house on Saturday, September 26th from 12 - 2.
- Houzeo last checked: 45 minutes ago
- Listing updated: September 27, 2026 at 9:06 pm
- Source: NEREN/Prime MLS-NH | MLS#: 5110693

Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1954
HOA Fees
-
Finished Area
2,285 sqft
Lot Size
1.12 acres lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5110693
MLS Status
(31) Under Contract - Active Under Contract
Days on Market
17

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Septic Tank
Cooling
Mini Split
Exterior Features
Full Fence, Garden, Covered Porch, Shed, Storage, Heated Porch
Flooring
Carpet, Hardwood, Tile, Vinyl Plank
Appliances
Electric Water Heater, Separate Water Heater
Heating
Oil, Baseboard, Hot Water, Individual, Mini Split
Construction
Year Built
Year Built: 1954
Home type
Multi Family
Foundation Details
Concrete
Property Condition
Existing
Roof
Asphalt Shingle
Construction Materials
Batts Insulation, Foam Insulation, Vinyl Siding, Spray Foam Insulation
Architectural Style
Ranch
Utilities & Energy
Parking Features
Driveway, Off Street
Basement
Bulkhead, Concrete, Partially Finished, Storage Space, Sump Pump, Interior Entry, Exterior Entry
Electric
100 Amp Service, 200+ Amp Service, Circuit Breakers
Water Source
Public
Utilities
Cable Available, Multi Phone Lines
Other Features
Lot Features
Near Shopping
Price History
| Date | Event | Price |
|---|---|---|
09/27/2026 Source: | Contingent (Active Under Contract) | $769,900 +42672.22% $337/sqft |
01/27/2022 Source: | Leased | $1,800 -99.60% $1/sqft |
12/23/2021 Source: | Sold | $450,000 $197/sqft |
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Based on information from PrimeMLS Inc. through Oct 08, 2026, 07:30AM. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information. The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 08, 2026, 07:30AM. © 2026 PrimeMLS, Inc. All Rights Reserved.
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