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18 Salem St 20,734 SF Specialty Building Offered at $1,094,630 CAD in Springfield, MA 01105
Executive Summary
20,734 SF Value-Add Opportunity | Springfield, MA 01105
Located 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.
Reach out to schedule a tour or for more details.
Located 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.
Reach out to schedule a tour or for more details.
Property Facts
| Price | $1,094,630 CAD | Lot Size | 0.46 AC |
| Price Per SF | $52.79 CAD | Building Size | 20,734 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1890 |
| Property Subtype | Religious Facility | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R3 | ||
| Price | $1,094,630 CAD |
| Price Per SF | $52.79 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 20,734 SF |
| No. Stories | 2 |
| Year Built | 1890 |
| Opportunity Zone |
Yes |
| Zoning | R3 |
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | SPRI-010530-000000-000006 | Improvements Assessment | $1,177,296 CAD |
| Land Assessment | $38,996 CAD | Total Assessment | $1,216,292 CAD |
Property Taxes
Parcel Number
SPRI-010530-000000-000006
Land Assessment
$38,996 CAD
Improvements Assessment
$1,177,296 CAD
Total Assessment
$1,216,292 CAD
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18 Salem St
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