$570,750
$589,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
17 Hazel St Salem, MA 01970
6 Beds
2 Baths
2,424 SqFt
Key Details
Sold Price $570,750
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,424 sqft
Price per Sqft $235
MLS Listing ID 72638987
Sold Date 07/23/20
Bedrooms 6
Full Baths 2
Year Built 1914
Annual Tax Amount $5,324
Tax Year 2020
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Multi Family
Property Description
Excellent Investor or Home Owner Opportunity! Large, de-leaded Two-family with level back yard. Each unit has: 3 bedrooms, full bath, eat-in kitchen, laundry room w/ washer and dryer, living room; separate heat, hot water and electrical systems. Recent updates: new rubber roof, repointed chimney, rebuilt front and back porches, updated kitchens with granite counters, insulated replacement windows, new kitchen floor #2, hardwood floors just sanded and refinished. Both units are vacant, freshly painted and rent ready. Rent was about $2,200 per unit. Expected rent is $2,400 per unit, Cap Rate 7.1%, return on cash 8.7% at 25% downpayment. Showings limited to small buyer groups to maintain CDC's 6 feet of separation. Please no children. Bring gloves and sanitizer. Virtual Tours: 360 degree photos: https://bit.ly/2wyAZ9D ; Video https://vimeo.com/401918009/353627aadf
Location
State MA
County Essex
Zoning R2
Direction Lafayette St to Laurel St and right onto Hazel
Rooms
Basement Full, Interior Entry, Bulkhead, Concrete, Unfinished
Interior
Interior Features Unit 1(Ceiling Fans, Lead Certification Available, Stone/Granite/Solid Counters, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Lead Certification Available, Stone/Granite/Solid Counters, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Heating Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas)
Cooling Unit 1(None)
Flooring Wood, Vinyl, Unit 1(undefined), Unit 2(Hardwood Floors)
Appliance Unit 1(Range, Dishwasher, Refrigerator, Washer, Dryer, Vent Hood), Unit 2(Range, Dishwasher, Refrigerator, Washer, Dryer, Vent Hood), Gas Water Heater
Laundry Unit 1 Laundry Room, Unit 2 Laundry Room
Exterior
Exterior Feature Rain Gutters, Unit 2 Balcony/Deck
Community Features Public Transportation, Shopping, Public School, T-Station, University, Sidewalks
Waterfront Description Beach Front, Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
Roof Type Rubber
Garage No
Building
Lot Description Sloped
Story 3
Foundation Granite
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Michael Selbst • Gibson Sotheby's International Realty