# 16 School Street, Salem, NH 03079

> **TL;DR:** 7bd/2ba residential multi family, $699,000 ($306/sqft), built 1850, 2,288 sqft. Est. $3,739/mo. Listed 72 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $699,000 |
| Price/sqft | $306 |
| Bedrooms | 7 |
| Bathrooms | 2 full |
| Square Feet | 2,288 |
| Year Built | 1850 |
| Lot Size | 87,120 sqft (2.00 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 72 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,535 |
| Estimated Insurance | $204 |
| **Total** | **$3,739** |

## Nearby Schools

- **Elementary:** Barron Elementary School
- **Middle:** Woodbury School
- **High:** Salem High School

## Property Highlights

- Built in 1850
- 2.00 acre lot
- 2 stories

## Description

### Agent Description
BACK ON MARKET DUE TO BUYER INABILITY TO OBTAIN FINANCING. OPEN HOUSE 7/1 5PM - 630PM. 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.

## Location

- **Address:** 16 School Street, Salem, NH 03079
- **County:** NH-Rockingham
- **Coordinates:** 42.790113, -71.20218699
- **Google Maps:** https://www.google.com/maps?q=42.790113,-71.20218699

## Listing Agent

- **Name:** Elizabeth Smith
- **Brokerage:** Keller Williams Realty Evolution

## Primary Photo

![16 School Street - Primary Photo](http://lh.rdcpix.com/3ef4efecc942f99cd84cd3695e75522cl-f1426098104r.jpg)

*45 total photos available on [listing page](https://www.propertysimple.ai/listing/16-school-street-salem-nh-03079-5084584)*

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**MLS#:** 5084584 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/16-school-street-salem-nh-03079-5084584)

---

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  "description": "BACK ON MARKET DUE TO BUYER INABILITY TO OBTAIN FINANCING. OPEN HOUSE 7/1 5PM - 630PM. 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 ",
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