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You are here:
25 Days on Boston Pads
31 Photos
$875,000
3 Unit
5 Beds
3 Baths
2056 SQFT
0.04 Acre
3 Hazel St
Salem, MA 01970

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!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Amenities: Laundromat, Public Transportation, T-Station, University, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Stone/Granite/Solid Counters
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Common Heating: Ductless Mini-Split System, Electric, Forced Air, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 54300
  • Net Operating Income: 54300

Utilities

  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1915
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Shingle, Slate
  • Flooring Type: Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Certified Treated, Yes
  • Warranty: No

Other Information

  • MLS ID# 73306955
  • Last Updated: 11/05/24

Mortgage Calculator

View Breakdown

Map & Resources

Saltonstall School

Public Elementary School, Grades: K-8

0.21mi

Salem State University O'Keefe Center

University

0.32mi

Saint Josephs School

School

0.39mi

Salem State University North Campus

University

0.47mi

Salem Academy Charter School

Charter School, Grades: 6-12

0.52mi

Salem Academy Charter School

Charter School, Grades: 6-12

0.59mi

Collins Middle School

Public Middle School, Grades: 6-8

0.59mi

Salem State University Harrington Campus

University

0.66mi

All Souls Lounge

Bar

0.65mi

Bit Bar

Bar

0.67mi

Starbucks

Coffee Shop

0.53mi

Lulu's Bakery and Pantry

Cafe

0.62mi

Kakawa Chocolate House

Cafe

0.71mi

Honey Dew

Donut & Coffee Shop

0.72mi

Jaho Cafe

Cafe

0.73mi

Starbucks

Coffee Shop

0.73mi

Kissable Paws

Pet Grooming

0.6mi

Day Of the Dog

Pet Grooming

0.67mi

Salem Police Department

Local Police

0.33mi

University Police

Police

0.73mi

North Shore Medical Center - Salem Hospital

Hospital

0.34mi

MassGeneral for Children at North Shore Medical Center

Hospital. Speciality: Paediatrics

0.62mi

Salem Fire Department - Station 5

Fire Station

0.59mi

Salem Fire Department

Fire Station

0.59mi

Salem Fire Department

Fire Station

0.71mi

Sophia Gordon Center

Theatre

0.57mi

Bertram Field

Stadium

0.45mi

Cinema Salem

Cinema

0.78mi

Pioneer Village

Museum

0.46mi

The Salem Museum

Museum

0.66mi

New England Pirate Museum

Museum

0.67mi

Peabody Essex Museum

Museum

0.68mi

Witch History Museum

Museum

0.7mi

Pool

Swimming Pool

0.47mi

O'Keefe Sports Complex

Sports Centre

0.39mi

Alumni Field

Sports Centre. Sports: Soccer

0.42mi

Batting Cage

Sports Centre. Sports: Baseball

0.52mi

Salem YMCA

Sports Centre

0.73mi

Tennis Courts

Sports Centre. Sports: Tennis

0.91mi

Gasset FItness Center

Fitness Centre

0.42mi

Palmer Cove Park

Municipal Park

0.26mi

Lafayette Park

Municipal Park

0.36mi

Mary Jane Lee Park

Municipal Park

0.37mi

Forest River Park

Park

0.44mi

Sullivan Front Lawn

Park

0.47mi

High Street Park

Municipal Park

0.48mi

15 Peabody Street Park

Municipal Park

0.52mi

Upper Quad

Park

0.53mi

Olde Salem Greens

Golf Course

0.67mi

Rainbow Terrace Playground

Playground

0.61mi

Old Slide

Playground

0.66mi

Marblehead Bank

Bank

0.09mi

St. Jean's Credit Union

Bank

0.43mi

North Shore Bank

Bank

0.56mi

Rockland Trust

Bank

0.57mi

Century Bank

Bank

0.64mi

Eastern Bank

Bank

0.74mi

Mindy's Nails

Nails

0.11mi

Andrew Michaels Salon & Spa

Hairdresser

0.25mi

Walgreens

Pharmacy

0.56mi

CVS Pharmacy

Pharmacy

0.7mi

CVS Pharmacy

Pharmacy

0.71mi

CVS Pharmacy

Pharmacy

0.72mi

Walgreens

Pharmacy

0.92mi

Crosby's Marketplace

Supermarket

0.08mi

Daily Table

Supermarket

0.39mi

Big Apple Food Shops

Supermarket

0.73mi

Lafayette St @ Holly St

455

0.12mi

Lafayette St @ Leach St

455

0.13mi

Lafayette St @ Hancock St

455

0.15mi

Lafayette St @ Saltonstall Pkwy

455

0.15mi

Lafayette St @ Laurel St

455

0.18mi

Lafayette St @ Willow Ave

455

0.19mi

Lafayette @ Leavitt St

455

0.24mi

Lafayette St @ Ocean Ave

455

0.27mi

Seller's Representative: Jonathan McCarron, William Raveis R.E. & Home Services
MLS ID#: 73306955

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2024-11-05 07:02:00