This Property is No Longer Available
5 Hazel St, Salem, MA 01970
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$765,000
*Sale Price
2 Unit
5 Beds
3 Baths
1892 SQFT
0.07 Acre

Property Description

Welcome to this two-family home in the heart of the historic city of Salem. Close to Salem State College and down town Salem. This income producing property features a freshly painted first floor with new floors and a completely renovated bathroom. The second floor, town house style with 3 beds, one and a half bathrooms, sprawls over two levels with a large deck off the second floor kitchen over looking the back yard. The house has recently been vinyl sided and a brand new front porch put on. Come check it out before it goes!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 1

Financial

  • APOD Available: No
  • Gross Operating Income: 45600
  • Gross Expenses: 4240
  • Electric Expenses: 240
  • Water/Sewer: 1400
  • INSC: 2000
  • RFS: 600
  • Net Operating Income: 41360

Utilities

  • Electric Info: 110 Volts, On-Site
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1915
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73231885
  • Last Updated: 07/19/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/19/2024Sold$765,000$404MLSPIN
05/07/2024Under Agreement$699,000$369MLSPIN
05/05/2024Active$699,000$369MLSPIN
05/01/2024New$699,000$369MLSPIN

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Seller's Representative: Jordan Ryan, Keller Williams Realty Evolution
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-07-19 15:24:00

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