Property Description

Investor’s dream in North Salem! This meticulously maintained 1915 triple-decker offers over 3,400 sq ft of living space with massive 1,000-1,220 sq ft footprints. Each unit features flexible 2-3 bed layouts, high ceilings, and separate, gas heating systems - no oil conversion needed! Units are clean and well kept but dated, providing a perfect "sweat equity" path to market-rate appreciation. Seller is in receipt of Letters of Compliance for Units 2, 3, & common areas. Unbeatable commuter location: just 0.7 miles to the Salem MBTA Depot and minutes from vibrant downtown. Exterior features off-street parking for 3+ cars, a large basement for tenant storage, and a level backyard. Unit 2 occupied at a legacy rate ($1,100/mo); Notice to Quit served. Whether you’re looking for a stable buy-and-hold or a potential conversion, 39 Mason delivers. Sold as-is As seen. Buyers and their agents to do their own due diligence. Located in a flood zone. Private showings by appointment.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room, Sunroom
  • Common Appliances: Range, Refrigerator
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Not Available
  • Gross Operating Income: 13200
  • Net Operating Income: 13200

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1915
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl, Wall to Wall Carpet
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73506068
  • Last Updated: 04/26/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/26/2026Active$969,000$283MLSPIN
04/22/2026New$969,000$283MLSPIN

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Seller's Representative: Joyce Sullivan, Serhant
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-04-26 04:05:00