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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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18 Salem St , Springfield, MA 01105
$449,000
Est. Payment: $997.78/mo
0 Bed
0 Bath
0 Sqft
Status: Price Changed | Days on site: 154
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AN4190 - CN231906
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House 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.

Highlights

Listed by Zaisha Robert , 413-557-4846 SR Commercial Realty , 413-459-4535.

Property Type

Commercial Sale

Lot/Acreage
0.47

Year Built

1890

County

Hampden

Listing ID

73503134

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Legal Conforming
Principal Interest
$998
Taxes
$1,157

Home Price

$449,000

Loan Details

30 yrs
%

Down Payment

20%
$89,800
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Monthly Price:
$997.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $997.78 $1,157.45 $0.00 $2,155.22
Yearly $11,973.33 $13,889.34 $0.00 $25,862.67
Total $359,200.00 $416,680.20 $0.00 $775,880.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Springfield, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.