Sold!
$820,000
5
Beds
3
Baths
2,056
Living Area
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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.
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Highlights
- Cooling: Ductless
- Levels: 3
- Property Type: 3 Family
- Total Rooms: 14
- Status: Closed
- Heating: Ductless, Electric
- Property Class: Residential Income
- Stories: 3
- Year Built: 1915
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator
- Exclusions: Tenants Belongings.
- Flooring: Wood, Vinyl, Carpet
- Interior Features: Ceiling Fan(s), Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R2
- Basement: Full
- Exterior Features: Balcony/Deck, Balcony, Rain Gutters
- Foundation: Stone
- Lot Features: Easements
- Roof: Slate
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Walk/Jog Trails, Laundromat, T-Station, University
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $630,500
- Tax Year: 2024
- Total Rent: $975
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $7,326
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Ocean's Edge Real Estate.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
