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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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20 S Shore Rd , Salem, NH 03079
$550,000
Est. Payment: $1,222.22/mo
2 Bed
1 Bath
1243 Sqft
Status: Pending | Days on site: 6
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3061 - 16838
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House Description

Waterfront on South Shore of Canobie Lake, year-round home makes a great opportunity for buyers with an eye for value. 1930's style 1.5 stories with basement, small garage and garden shed on .25 acres. Open rear deck and enclosed screen porch face the water with level grass area and fence at headwall near water's edge. Fully enclosed rear yard privacy with direct basement access. Informal layout on main level with kitchen and dining, office or den and living room plus there's a bedroom and full bath making living all on one level possible. Second floor bedroom or studio space is a fun space for guests or kids sleeping space. The house sits well off the road and there's a garden shed and outbuilding that will cover a single car. Plenty of parking, yard and gardening space. Just a few minutes from Tuscan Village for shopping, dining, and entertainment options. Waterfront at this price point is rare. Sellers have very limited knowledge of the property as they acquired it through an estate and have never been at the property. Basement has some finished walls and a bath with low ceiling height and is not considered a suitable living area. It is not known if the bath in basement is functioning. Portions of the roof are older with no active leaks known. Serviced by town sewer at $105 per quarter and private well and FHW oil heat. Property sits in a Flood Zone that may require flood insurance. Canobie Lake allows some recreational and boating actvities including kayaking but because it is a public drinking water resource, no swimming, jet skis or waterskiing is allowed. Generator is not currently connected. Property is currently leased at below market rate through August 2029. Tenant willing to discuss a lease buyout.

Highlights

Listed by Susan Rochwarg , 603-488-6000 Keller Williams Realty Success , 978-475-2111.

Property Type

Residential

Lot/Acreage
0.23

Year Built

1930

County

Rockingham

Listing ID

5103037

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Dryer, Microwave, Wall Oven, Refrigerator, Washer, Owned Water Heater, Tank Water Heater
Air Cond:Central AC
Fireplaces:
Above Ground Sq Ft:1243
Basement:Yes,Concrete Floor,Roughed In,Interior Access,Exterior Access
Other:
  • Level 1:Bedroom, Full Bathroom, Dining Room, Family Room, Kitchen, Office/Study
  • Additional:Blinds, Kitchen/Living

Exterior Features

Lot:Existing,Waterfront,Canobie Lake, Waterbody Type: Lake, Waterbody Access: Exclusively Owned, Waterfront: 53 ft
Zoning:RES
Roof:Architectural Shingle
Others:
  • Additional:Deck, Partial Fence, Outbuilding, Screened Porch, Window Screens, Directly Adjoining
Sewer:Public
Parking Features:Driveway,Garage,Paved,Detached
Principal Interest
$1,222
Taxes
$726

Home Price

$550,000

Loan Details

30 yrs
%

Down Payment

20%
$110,000
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Monthly Price:
$1,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,222.22 $726.25 $0.00 $1,948.47
Yearly $14,666.67 $8,715.00 $0.00 $23,381.67
Total $440,000.00 $261,450.00 $0.00 $701,450.00

Today's Rates

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0%

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0%

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Market insight data is pulled from the same city as the listing being viewed (Salem, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.