Listed by Audrey Townsend • RE/MAX Innovative Properties (atownsend@innovativesells.com). Bought with EXP Realty.
Sold on oct 2026
$770,000
6
bd
•
2 ba
•
2,735
sq ft
225 Shannon Rd, Salem, NH 03079
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About this home
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.
Multi-familyProperty Type
1954Year Built
1.12 acresLot Size
$282Price/Sq.Ft.
Listed by Audrey Townsend• RE/MAX Innovative Properties
* Offer deadline 11-21-21 8:00pm. Great opportunity here in North Salem for a multi family investment! This old girl is a little tired and in need of someone who is wiling to breathe new life into her! There is plenty of equity to be built here with the added bonus of a monthly rent payment. Home inspection was completed to give buyer more info on conditon. Property is zoned Multi Family. The 2 bedroom 1 bath townhouse has its' own newer septic system, heating system and utilities with public water. There is a nice spacious open concept living room, kitchen and dining room which looks out through the sliding glass doors to the beautiful serene back yard. Great natural light in that room. The main house is a 4 bedroom and 1 bath home with a full basement and a huge semi finished 3 season room with hardwood flooring. The main home has a newer kitchen. Most of the house is hardwood with the exception of the bathroom and kitchen/hall. (there just may be hardwood hiding under the laminate) The 3 season room is already framed and ready to add additional windows all the way around if her new owner wishes. There was a new roof installed in 2020. To add to the charm in the main house is a large stone fireplace equipped with a wood stove that heats the house up nicely. Whether it be sitting by the blazing fire in the winter months or relaxing on the back porch and listening to the babble of the stream in the spring, there's plenty to enjoy. This location is just stunning!
Year
Property tax
Land + Additions
Assessment*
2025
$8,564 (+3.2%)
$173,300 + $298,300
$471,600
2024
$8,300 (+3.8%)
$173,300 + $298,300
$471,600
2023
$7,998 (+5.7%)
$173,300 + $298,300
$471,600
2022
$7,569 (+6.5%)
$173,300 + $298,300
$471,600
2021
$7,108 (+7.8%)
$173,300 + $271,500
$444,800
2020
$6,595 (+0.2%)
$123,900 + $175,600
$299,500
2019
$6,583 (+1.7%)
$123,900 + $175,600
$299,500
2018
$6,472 (+3.7%)
$123,900 + $175,600
$299,500
2017
$6,242 (+2.0%)
$123,900 + $175,600
$299,500
2016
$6,119 (+12.8%)
$123,900 + $175,600
$299,500
2015
$5,425 (+4.5%)
$113,400 + $140,200
$253,600
2013
$5,189
$113,400 + $140,200
$253,600
Public record
Beds
6
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1.12 Acres
Year renovated
—
Sq. Ft.
2,285
Year built
1954
Style
Multi-Family (2-4 Unit)
County
Rockingham County
APN
587596
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 5, 2026.
Property details
Interior
Basement Information
Basement: Yes
Basement Access: Walk-up
Equipment & Appliance Information
Appliances: Water Heater – Electric, Water Heater – Separate
Multi-Unit Information
Total Units: 2
# of 2 Bedroom Units: 1
# of 3+ Bedroom Units: 1
# of Baths (full): 2
Sewer: Septic
Electric: 100 Amp, 200 Amp, Circuit Breaker(s)
Roof: Shingle - Asphalt
Driveway: Paved
Heating: Oil, Baseboard, Hot Water, Individual, Mini Split