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3 Hazel St Salem, MA 01970
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Key Details
Sold Price $820,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,056 sqft
Price per Sqft $398
MLS Listing ID 73352890
Sold Date 06/05/25
Bedrooms 5
Full Baths 3
Year Built 1915
Annual Tax Amount $7,326
Tax Year 2024
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type 3 Family
Property Description
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.
Location
State MA
County Essex
Zoning R2
Direction Lafayette St to Roslyn Street to Hazel Street. Street parking only.
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s), Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Heating Ductless, Electric
Cooling Ductless
Flooring Wood, Vinyl, Carpet
Appliance Range, Dishwasher, Microwave, Refrigerator
Exterior
Exterior Feature Balcony/Deck, Balcony, Rain Gutters
Community Features Public Transportation, Walk/Jog Trails, Laundromat, T-Station, University
Utilities Available for Gas Range
Roof Type Slate
Garage No
Building
Lot Description Easements
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Sarah MacBurnie • Ocean's Edge Real Estate
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