See Home Value
$685,000
Multifamily - Off Market

1 Hazel St

Salem, MA 01970
bedrooms
5 Beds
bathrooms
4 Baths
$888,262
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model

About This Property

Attention Smart Investors!  Turnkey FOUR FAMILY with three one-bedroom units and one studio.  One unit is vacant to make it easier to show and also for an owner-occupant buyer if desired.  Projected rent for that unit is $1400/month.  Heat and hot water are included in the rent (see attached income and expense breakdown).  Seperate systems and reap the rewards!  Low maintenance required to obtain gross income of $63,210 annually.  1 Hazel offers tenants a very desirable individual unit entrance and a common laundry room in the basement.  The driveway offers off-street parking for two cars tandem.  I Hazel is located within walking distance to Salem State College or downtown Salem and future Canal Street transportation upgrades including bike path.  It is also a short drive to Vinnin Square shopping, all desirable reasons for tenants to want to live here.  Showings limited to prequalified buyers by appointment.
Unit Size
-
Days on Market
85 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$594
HOA Dues
-
Year Built
1915
Last updated: 2 years ago (MLSPIN #72727272)

Price History

Date / Event Date Event Price
Dec 10, 2020 Sold to George Tsakirgis $685,000
Sold to George Tsakirgis
Sep 16, 2020 Listed by RE/MAX Property Shoppe, Inc. $699,900
Listed by RE/MAX Property Shoppe, Inc.

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details

Bathroom Information

Full Bathrooms: 4

Interior Information

Appliances: Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood

Room Information

Rooms: 11


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
3 Baths
-
$695,000 Sep 6, 2019
$695,000 Dec 6, 2019
$549/mo
Multifamily
6 Beds
2 Baths
-
$670,000 Jan 31, 2021
$670,000 Apr 21, 2021
$490/mo
Multifamily
4 Beds
2 Baths
-
$570,000 May 14, 2020
$570,000 Jun 26, 2020
$460/mo
Multifamily
6 Beds
2 Baths
-
$605,000 Nov 18, 2020
$605,000 Jan 21, 2021
$484/mo
Multifamily
6 Beds
2 Baths
-
$646,000 Dec 7, 2020
$646,000 Apr 23, 2021
$444/mo
Multifamily
4 Beds
3 Baths
-
$689,000 Mar 21, 2023
$689,000 May 8, 2023
$542/mo
Condo
5 Beds
3 Baths
-
$600,000 Mar 27, 2024
-
$733/mo
Condo
4 Beds
3 Baths
-
$659,000 Mar 1, 2024
-
$811/mo
In Contract
House
4 Beds
2 Baths
-
$699,000 Mar 14, 2024
-
$505/mo
Condo
2 Beds
2 Baths
-
$699,000 Jan 31, 2024
-
$1,128/mo
Condo
2 Beds
2 Baths
-
$683,000 Jan 25, 2024
-
$8,333,680/mo
House
3 Beds
2 Baths
-
$650,000 Apr 3, 2024
-
$447/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200916
09/16/2020
5 Bed
4 Bath
-
$699,900
bedrooms
5 Bed
bathrooms
4 Bath
$685,000 -2.13%
12/10/2020
-
Tsakirgis Team
RE/MAX Property Shoppe, Inc.
20160223
02/23/2016
5 Bed
4 Bath
-
$439,000
bedrooms
5 Bed
bathrooms
4 Bath
$424,000 -3.42%
04/29/2016
-
Anthony Gallo
William Raveis R.E. & Home Services
20050330
03/30/2005
2 Bed
2 Bath
-
$425,000
bedrooms
2 Bed
bathrooms
2 Bath
$426,500 +0.35%
05/13/2005
-
Barbara Murkison
Century 21 Tradition
20030626 Unit 1
06/26/2003
1
2 Bed
1 Bath
-
$189,900
bedrooms
2 Bed
bathrooms
1 Bath
$189,900
09/23/2003
-
Richard Lemay
RE/MAX On the River, Inc.
20020429
04/29/2002
4 Bed
-
-
$269,000
bedrooms
4 Bed
bathrooms
-
$269,000
06/19/2002
-
Betty Champigny
Carlson GMAC Real Estate

Building Info

1 Hazel Street 1 Hazel Street, Salem, MA 01970
More about this Building
1 Hazel Street
Want to find out who owns 1 Hazel Street, Salem, MA 01970? Get detailed property transactions here .

About South Salem


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