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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.

Property Details of 225 Shannon Road

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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is 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 September 21, 2026 7:53 AM UTC

 

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