$599,000
About this home
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.
Property details
- MLS #
- 73503134
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- N/A
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.47 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 510
- Student:teacher ratio
- 10.6:1
- District
- Springfield
- Enrollment
- 332
- Student:teacher ratio
- 7.9:1
- District
- Libertas Academy Charter School (District)
- Enrollment
- 318
- Student:teacher ratio
- 11.0:1
- District
- Springfield
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 15, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.