$875,000

3 Hazel St Salem, MA 01970

$10,000
Closing credit¹
5 beds
3 full
2,056 sqft
0.04 acres
$426 / sqft
Multi-Family

Property details

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!

Highlights

Home typeMulti Family
HeatingDuctless, Electric
StatusActive
CoolingDuctless
Size2,056 sqft
BasementYes
Lot size0.04 Acres
Year built1915
MLS #73352890

Summary

  • MLS Number: 73352890
  • MLS Name: MLS Property Information Network
  • 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: 4/5/2025, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of house with covered porch

$875,000

3 Hazel St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 21, 2011
Home Sold
$175,000

Tax history

YearAssessmentProperty Tax
2024$630,500$7,326
2023$572,100$7,157
2022$516,800$6,848
2021$485,200$6,696
2020$423,200$6,115
2019$402,600$6,079

History based on county public records data.

Nearby schools

1

Horace Mann Laboratory

Public District KG-5

0.8 mi

79 Willson St

3

Bentley Academy Innovation School

Public District KG-5

1.4 mi

25 Memorial Dr

4

Witchcraft Heights

Public District KG-5

1.4 mi

1 Frederick St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,375. Most Salem, MA residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

44%
<35k
37%
35k-100k
15%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
17%
Single, with Kids
14%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
10%
12-17 yrs old
32%
18-34 yrs old
40%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

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 April 2, 2025 and is currently priced at $875,000.

Over 24 listings were sold over their listed price in March 2025 in Salem, MA. In the same period over 5 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Salem, MA increased by 40.3% between February and March 2025. While the average time on the market in March 2025 was 29 days, the median list price was $600,000.

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

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