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 its 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 $799,000.
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- R3
- Orig Price:
- $799,000
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Springfield
- State:
- MA
- County:
- Hampden
- Postal Code:
- 01105
- Longitude:
- W73° 24' 48.7''
- Latitude:
- N42° 6' 22.7''
Commercial Sale
18 Salem St, Springfield, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $799,000
- Year Built :
- 1890
- Lot Area :
- 0.47 Acre
- Listing ID :
- 73503134
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com