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3 Hazel St, Salem, MA

Salem · MA 01970

$820,000
Price
5
Beds
3
Baths
2056
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1915
Units: 3 Units
Lot size: 1,673 Sq.Ft Lot
Price per square foot: $413 / Sq.Ft
Parking: No Parking

About this home

UNIT 1 IS VACANT. UNIT 2 LEASE ENDS MAY 31ST. UNIT 3 TAW, MOVING OUT JULY 31ST. Adding to the rental portfolio? Or maybe looking to get started? Look no further than 3 Hazel Street. Unit 1 and 2 offer flexible configuration and can be used as 1 or 2 bedroom units, each with 1 bathroom. Unit 3 is a charming 1 bed 1 bath unit. Unit 1 has had a recent renovation including new kitchen, refinished floors, and installation of a mini-split system offering heating and cooling. All units have separate electric and gas utilities. Still room for value-add by increasing rents, by doing cosmetic updates, and adding in-building laundry. This 3-family is nicely situated between Salem State University and Downtown, and will be in close proximity to the proposed South Salem Station. Salem and surrounding towns offer great amenities such as beaches, golf courses, restaurants, shops, and nature trails. Great long term hold.

Neighborhood & Transit

3 Hazel St, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
512 days
Listing Price:
$849,900
Price per Sq.Ft:
$413
Tax Assessment:
$630,500 in 2024
Taxes:
$611 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,056 Sq.Ft
Broker Disclosure about Living Area
Measurements come from Public Record, not owner or agent.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2056
Flooring
Unknown
Lead paint
Yes, Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, Individually Metered

Exterior Features

Lot Size
1,673 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Jonathan McCarron
Listing office
William Raveis R.E. & Home Services
MLS PIN #
73352890
Disclosure
Unit 2 has had lead paint work done. Unknown in Unit 1 and 3. See attachments. Some weeping in field stone foundation by stairs when it rains.1 Hazel has driveway easement, left side of 3 Hazel Street building. Real Estate agent has ownership interest.
Disclosure
Measurements come from Public Record, not owner or agent.