20,734 SF Value-Add Opportunity | Springfield, MA 01105Located in Springfield, 18 Salem Street presents a strong opportunity for both investors and owner-occupants, offering a functional layout in a well-established residential neighborhood with consistent rental demand. The property provides potential for value-add through light improvements while maintaining long-term income potential, and it's convenient location near local amenities, schools, and major roadways enhances overall appeal. Ideal for those looking to build equity or generate steady cash flow, this is a straightforward and versatile investment opportunity. The property consists of approximately 20,734 SF on a 0.4653-acre lot, is currently not occupied, and is offered for sale at $599,000.
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Last Checked: June 16th, 2026 at 5:53am (Source: MLS PIN #73503134)
General Information for 18 Salem St, Springfield MA 01105
Listing ID73503134
Property TypeCommercial Sale / Commercial
Price$599,000
Style
CitySpringfield
CountyHampden
Neighborhood(s)
ZoningR3
Year Built1890
Disclosures for 18 Salem St, Springfield MA 01105
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsRefrigerator And Some Personal Belongings
Compensation Based On
Contact Information for 18 Salem St, Springfield MA 01105