15
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$599,000
Est. payment /mo
0.47 Acres Lot
Price Dropped by $200K
18 Salem St Springfield, MA 01105
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73503134
HOA Y/N false
Year Built 1890
Annual Tax Amount $13,889
Tax Year 2025
Lot Size 0.470 Acres
Acres 0.47
Property Description
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.
Location
State MA
County Hampden
Zoning R3
Direction GPS
Others
Senior Community false
Listed by SR Commercial Realty
GET MORE INFORMATION
Philippe Félix
Founder | Broker | 1804 Realty | License ID: 9582019
+1(617) 404-9485 | philippe@1804realtygroup.com