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Brokerage
Posted: August 3, 2026
Carlson of New England Realty Advisors LLC brokers $1.678 million off-market sale in Salem, NH
Salem, NH New England Realty Advisors LLC has completed sale of 78 School St., an eight-unit multifamily property known as School Street Apartments, for $1.678 million. The transaction was completed entirely off-market, equating to a sale price of $209,750 per unit – a result that underscores the intense demand for multifamily assets of this size in southern New Hampshire.
School Street Apartments consists of two separate buildings on a single 1.24-acre lot. The front building, a six-family constructed in 1940, offers four two-bedroom apartments and two studios, while a 1954 duplex provides two additional two-bedroom units. The property also includes a garage with three rentable bays for additional income and on-site coin-operated laundry. Marking the first time the asset had traded in 38 years, the meticulously maintained buildings feature roofs, windows, and siding all replaced within the last decade. Located immediately off I-93 at the Massachusetts border, Salem sits roughly 35 miles from Boston and 20 miles from Manchester, and offers residents the advantages of New Hampshire’s lower cost of living with no sales or income tax.
The property never reached the open market. Brad Carlson, founder and CEO of New England Realty Advisors, sourced the opportunity, represented the seller, and procured the buyer in the off-market transaction.
“This was a completely off-market sale – the property was never listed – and we were still able to deliver a premium price for the seller,” said Carlson. “That speaks volumes about how much demand there is for eight-unit multifamily in Salem and along the New Hampshire border. We have a deep bench of qualified buyers actively chasing assets of exactly this size, which allows us to transact quickly and discreetly.”
The sale of 78 School St. is the latest in a series of closings for New England Realty Advisors. The firm has established itself as a leader in cross-border transactions, frequently assisting Massachusetts-based investors in transitioning capital into the Granite State through strategic 1031 exchanges and off-market opportunities.
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Carlson of New England Realty Advisors LLC brokers $1.69 million sale of Summer Street Apartments in Haverhill, MA
Haverhill, MA New England Realty Advisors LLC has completed the sale of 85-87 Summer St., an eight-unit multifamily property known as Summer Street Apartments, for $1.69 million. The transaction equates to a sale price of $211,250 per unit and reflects the strong, sustained investor appetite for well-located, cash-flowing multifamily assets in the Merrimack Valley.
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