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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.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number S:10530 P:0006,2604576

Tax Information

  • Tax Year 2025
  • Taxes$13,889

Basic Information

  • List Price$799,000
  • MLS Number73503134
  • Modification Date04/20/2026

Location

  • Address18 Salem Street
  • Building Number18
  • CountyHampden
  • StateMA
  • StreetSalem Street
  • TownSpringfield
  • Zip01105

Building

  • Building Area Units Square Feet
  • Year Built1890

Property

  • Acreage0.47

Property Information

  • Lot Size Square Feet 20,268
  • Lot Size Units Acres

Legal

  • ZoningR3
  • Zoning Description Legal Conforming

Other

  • Date Listed04/16/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Zaisha Robert of SR Commercial Realty

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