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Active

18 Salem St

Springfield, MA 01105

$599,000
Bedrooms
Bathrooms
Square feet
1890Year built

Commercial Sale · Active · MLS #73503134
Listing Courtesy of SR Commercial Realty | Zaisha Robert

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MLS PIN data

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 information

Details at a glance

Building

Style
Other
Year built
1890

Land & utilities

Lot size
0.47 acres
Zoning
R3

Financial

Annual taxes
$13,889
Assessment year
2025

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Comparable sales

Recent properties for context

Sold Jul 17, 2026$559,000

83 Elm St

Local market context

How this home compares in Springfield

MetricThis propertySpringfield
List price$599,000$530,00013% above local
Price / sq ft$191
Days on market358
Explore homes in Springfield

Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.

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Common questions

About 18 Salem St

Can I schedule a private showing?

Yes. Request a tour of 18 Salem St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.