
Land with Home for Sale in Salem, New Hampshire
16 School St, Salem, NH 03079
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
- Street address
- 16 School St
- County
- Rockingham County
- Zip code
- 03079
- School district
- Salem School District
- Elevation
- 145 feet
Directions
From I-93, take Exit 3 for NH-111 E toward North Salem. Turn left onto NH-111 E, right onto Range Rd, then continue onto Lake St/School St to the property.
Property details
- Acreage
- 2 acres
- Zoning
- RES
- MLS #
- NNEREN 5084584
- Posted
Property taxes
- 2025
- $8,346
Parcels
- 08188-1623-1623
Details and features
Listing
- Type
- Residential Multi Family
- Unit Count
- 2
- Franchise
- Keller Williams Realty
Lot
- Features
- Sidewalks, Sloping, Wooded
Exterior
- Parking
- Open
Structure
- Water
- Public
- Heating
- Baseboard, Oil
- Materials
- Vinyl Siding, Wood Frame
- Roof
- Shingle
Interior
- Rooms
- Basement, Bathroom x 2, Bedroom x 7
- Appliances
- Electric Water Heater, Oil Water Heater, Separate Water Heater, Water Heater, Water Heater Off Boiler
Nearby schools
| Name | Type | District |
|---|---|---|
| Barron Elementary School | Elementary | Salem School District |
| Woodbury School | Middle | Salem School District |
| Salem High School | High | Salem School District |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 29, 2026 | New listing | $699,000 | — | NNEREN |












































