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Listed by RE/MAX Innovative Properties · Audrey Townsend

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225 Shannon Road, Salem, NH

Residential Income

For SaleActive

Listed by RE/MAX Innovative Properties · Audrey Townsend

2,285 ft²|Built 1954|Salem

Property Description

Offered at $769,900, this Salem residential income at 225 Shannon Road pairs New Hampshire living with everyday convenience. It counts 2,285 square feet of living space. As a multi-unit property it works two ways: live in one unit while the others pay the mortgage, or run the whole building as an investment. Beyond the basics, the listing carries 1954 construction and roughly $337 per square foot. Everything below — photos, details, schools and market data — updates live from the MLS.

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.

Location Highlights

225 Shannon Road is a residential income in Salem, New Hampshire, listed at $769,900. That works out to about $337 per square foot, for a home built in 1954. It has been on the market for 8 days.

At this latitude, Salem averages roughly 8.3 hours of sun a day in June and 3.6 in December.

Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.

Property Details

Essentials & finishes

  • SqFt:2,285
  • Price / SqFt:$336.94
  • Property Type:Residential Income
  • Year Built:1954
  • County:NH-Rockingham
  • Town:Salem, NH
  • Status:Active
  • Days on Market:4

Primary Features

CountyNH-Rockingham
Property TypeResidential Income
Year Built1954
ZoningRUR

Interior Features

AppliancesElectric Water Heater, Separate Water Heater
BasementYes
Basement Access TypeWalk-up
Basement DescriptionBulkhead, Concrete, Partially Finished, Interior Entry, Exterior Entry, Storage Space, Sump Pump
CoolingMini Split
Electric100 Amp Service, 200+ Amp Service, Circuit Breakers
FlooringCarpet, Hardwood, Tile, Vinyl Plank
HeatingOil, Baseboard, Hot Water, Individual, Mini Split
SqFt-Approximate Finished Above Grade2,285
SqFt-Approximate Finished Below Grade450
SqFt Approximate Total Finished2,735
SqFt Approximate Total3,429

Location Information

School - DistrictSalem School District

Financial Details

Tax - Gross Amount$8,564
Tax Year2025
Taxes TBDNo

Additional

Construction StatusExisting
ConstructionBatts Insulation, Foam Insulation, Vinyl Siding, Spray Foam Insulation
CovenantsNo
Flood ZoneYes
Pre-ConstructionNo
SeasonalNo
Total StoriesTwo
SurveyedUnknown

External Features

ColorBlue
DrivewayPaved
Exterior FeaturesFull Fence, Garden, Covered Porch, Shed, Storage, Heated Porch
FoundationConcrete
GarageNo
Lot FeaturesNear Shopping
Lot - Acres1.12
Lot - SqFt48,787
ParkingDriveway, Off Street
Road Frontage TypePublic
Road FrontageTBD
RoofAsphalt Shingle
SewerSeptic Tank
UtilitiesCable Available, Multi Phone Lines
Water SourcePublic
MLS®: PrimeMLS #5110693; Listed by RE/MAX Innovative Properties · Audrey Townsend

Property History

Estimated annual taxes for this property

YearEst. Tax
2024$13,088
2023$12,761
2022$12,434

Source: Owl’s Nest Real Estate estimate from the list price at New Hampshire’s average effective tax rate — not PrimeMLS or town assessor data. Verify with the town assessor.

Market Data

Live snapshot computed by Owl’s Nest Real Estate from PrimeMLS IDX active listings in this town

  • Active listings in Salem51
  • Average list price$832,192
  • Price range$189,900 – $2,500,000

Mortgage Calculator

Estimate your monthly payment for this home

20%
Loan Term
6.5%
Estimated monthly payment$5,144 / mo
  • Principal & Interest$3,893
  • Property Tax$1,091
  • Home Insurance$160

Source: Owl’s Nest Real Estate estimate, not PrimeMLS data. Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.

Around This Property

Schools, everyday places and nearby destinations near 225 Shannon Road, Salem, NHSource: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.

DistrictSalem School District
$769,900/ Asking Price
For SaleActive

Listed by RE/MAX Innovative Properties · Audrey Townsend

Est. $3,893 / mo20% down · 30yr · 6.5%

Owl’s Nest Real Estate estimate, not MLS data.

Tom DeMatteo

Tom DeMatteo

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Questions About This Listing

What area is 225 Shannon Road in?

The property is in Salem, New Hampshire (03079).

What type of home is 225 Shannon Road?

Residential income in Salem, New Hampshire, built in 1954.

How many bedrooms and bathrooms does 225 Shannon Road have?

It offers 2,285 square feet of living space.

How much does 225 Shannon Road cost?

225 Shannon Road in Salem, NH is listed at $769,900.

That works out to about $337 per square foot.

Is 225 Shannon Road still available?

The listing's current MLS status is Active. Reach out and we can confirm availability and arrange a showing.

PrimeMLS

NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.

This listing data is intended 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 09/28/26.