$849,900
3 Hazel St
Salem, MA, 01970
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.
Property Details
Price:
$849,900
MLS #:
73352890
Status:
Active
Beds:
5
Baths:
3
Address:
3 Hazel St
Type:
Multi Family
Subtype:
3 Family
City:
Salem
Listed Date:
Apr 1, 2025
State:
MA
Finished Sq Ft:
2,056
Total Sq Ft:
2,056
ZIP:
01970
Lot Size:
1,673 sqft / 0.04 acres (approx)
Year Built:
1915
Units:
3
Schools
Interior
Appliances
Range, Dishwasher, Microwave, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
Ductless
Flooring
Wood, Vinyl, Carpet
Heating
Ductless, Electric
Exterior
Community Features
Public Transportation, Walk/ Jog Trails, Laundromat, T- Station, University
Exterior Features
Balcony/ Deck, Balcony, Rain Gutters
Roof
Slate
Financial
Tax Year
2024
Taxes
$7,326
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of William Raveis R.E. & Home Services. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
3 Hazel St
Salem, MA
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