Salem Multi Family for Sale
17 Hazel Street, Salem MA - $589,000
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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 $2,200 per unit. Expected rent is $2,300 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.
Exclusively offered for $589,000.
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Call Kathleen Sullivan for your private showing at 781-771-9949.