3 Hazel St Active

Salem,MA 01970

$ 875000

5 Beds

3 Baths

2056 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,056 sqft

Price per Sqft $425

MLS Listing ID 73306955

Bedrooms 5

Full Baths 3

Year Built 1915

Annual Tax Amount $7,326

Tax Year 2024

Lot Size 1,742 Sqft

Property Description

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. A great long term play, 3 Hazel St will be a great investment!

Location

State MA

County Essex

Zoning R2

Interior

Heating Ductless,Electric

Cooling Ductless

Flooring Wood,Vinyl,Carpet

Exterior

Exterior Feature Balcony/Deck,Balcony,Rain Gutters

Community Features Public Transportation,Walk/Jog Trails,Laundromat,T-Station,University

Utilities Available for Gas Range

Waterfront false

Roof Type Slate

Building

Lot Description Easements

Story 6

Foundation Stone

Sewer Public Sewer

Water Public

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