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 $449,000.

Location

State MA

County Hampden

Zoning R3

Direction GPS

Others

Senior Community false

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Listed by SR Commercial Realty

Nearby School & Business

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Tiffany Jacquier

+1(413) 530-0305

Broker License ID: 9530613, 0790302

18 Salem St Springfield, MA 01105