19 days on rocket

3 Hazel St, Salem, MA, 01970

$875,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,056 SqFt
$426/SqFt
Multi

Location

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3 Hazel St, Salem$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1915
HeatingDuctless, Electric
CoolingDuctless
BasementYes
MLS #73306955
Lot Size0.04 Acres
StatusActive

About 3 Hazel St

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 Details

Property Features

Property Information:

  • Year Built: 1915
  • Living Area: 2,056 SqFt

Listing Office:

  • Office Name: William Raveis R.E. & Home Services
  • Office Phone: (781) 631-1199
  • Listing Agent: Jonathan McCarron

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood, Vinyl, Carpet
  • Interior: Ceiling Fan(s), Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Balcony/Deck, Balcony, Rain Gutters

Lot Features

Lot Information:

  • Lot: Easement
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Ductless, Electric
  • Cooling: Ductless

Other

Directions Information:

  • Directions: Lafayette St to Roslyn Street to Hazel Street. Street parking only.

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $426/SqFt

Tax Information:

  • Annual Amount: $6,696
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salem, MA.

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Salem, MA

City

Med. Sold Price

$595.5K

Med. Price/SqFt

$383

Avg. Days On Market

26

# of Sold Homes

44

3 Hazel St vs Salem

19 DAYS ON ROCKET

-7 Days

$875,000

+$279.5K More

$426/SqFt

+$43 More

KEY TAKEAWAY

This property is $279.5K more than the Median Sold Price and $43/SqFt more than other homes in Salem, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73306955

Listing Office:

  • Office Name: William Raveis R.E. & Home Services
  • Office Phone: (781) 631-1199
  • Listing Agent: Jonathan McCarron

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 21, 2011Home Sold
$175,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,696$485,200
2020$6,115$423,200
2019$6,079$402,600
2018$5,644$367,000
2017$5,292$333,700

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-385168
1
/10

  • Horace Mann Laboratory

  • 79 Willson St

  • 0.81 miles

  • Public District Grades KG-5

school-card-donut-385169
3
/10

  • Bentley Academy Innovation School

  • 25 Memorial Dr

  • 1.37 miles

  • Public District Grades KG-5

school-card-donut-385170
4
/10

  • Witchcraft Heights

  • 1 Frederick St

  • 1.38 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,375. Typical income of Salem, MA residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Salem›01970›3 Hazel St

This home is located at 3 Hazel St in Salem, MA and zip code 01970. This 2,056 square foot home, which was built in 1915, sits on a 0.04 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $875,000.

While more than 24 listings in Salem, MA in October 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 12 were sold below. Between September 2024 and October 2024, Salem, MA real estate market has seen decrease in the number of listings by 3%. Listings spent 26 days on the market in October 2024, and had a median list price of $595,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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