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18 Salem St, Springfield MA 01105

Springfield, MA 01105
$799,000
Est. $5,398/month
0.47
Acres
1890
Year Built
10 hours 37 minutes
Time on Market
Active Listed Apr 16, 2026 • MLS# 73503134 Copied!

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 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.

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Property Overview

Listing Type
Commercial Sale
Year Built
1890

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1890
Lot Size 0.47 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $13,889

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

18 Salem St, Springfield MA 01105

Springfield, MA 01105

Walkability

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Nearby Schools

School District
Springfield School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
20% 4-Year 16% 2-Year 3% Out of State 3% Working
⚠ School Safety 2024-25
5.9% Above Average
5.1% Suspensions 1.4% In-School 0.8% Emergency
↑ 0.4% above state avg
E

Elementary Schools

10 schools
Your Educational Success Academy
0.4 mi
Grades K-12
B+
Veritas Preparatory Charter School
1.0 mi | #10 of 25 | Score: 34.4
Improved 341 spots from last year
-23.8 below state avg
712 students Moderate
Early College Program Rising School
Grades 05-12
A
Alfred G. Zanetti Montessori Magnet School
1.0 mi | #3 of 16 | Score: 47.5
Improved 137 spots from last year
-10.7 below state avg
432 students Diverse
Rising School
Grades PK-08
D
The Springfield Virtual School
1.7 mi | #330 of 346 | Score: 26.8
Improved 7 spots from last year
-31.4 below state avg
250 students Moderate
College Ready Curriculum
Grades PK-12
Academy Hill School
2.0 mi
Grades PK-08
St. Michael's Academy
2.6 mi
Grades PK-08
Grace Academy
2.9 mi
Grades K-12
A+
Springfield Preparatory Charter School
3.0 mi | #2 of 16 | Score: 48.6
Improved 94 spots from last year
-9.7 below state avg
486 students Moderate
Rising School
Grades K-08
Pioneer Valley Christian Academy
3.6 mi
Grades PK-12
Pioneer Valley Montessori School
4.6 mi
Grades PK-06
M

Middle Schools

10 schools
C
John J. Duggan Middle School
3.1 mi | #266 of 346 | Score: 44.7
Improved 20 spots from last year
-13.5 below state avg
823 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
F
South End Middle School
0.7 mi | #350 of 352 | Score: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students Moderate
Grades 06-08
Springfield Commonwealth Academy
0.8 mi
Grades 06-08
Springfield Middle School
1.4 mi
18 students Less Diverse
Grades 06-08
F
Springfield Public Day Middle School
1.4 mi | #352 of 352 | Score: 19.6
Improved 14 spots from last year
-38.6 below state avg
60 students Diverse
Grades 06-08
D
Springfield Legacy Academy
1.5 mi | #16 of 16 | Score: 19.0
Improved 340 spots from last year
-39.2 below state avg
299 students Less Diverse
Rising School
Grades 06-08
C-
Impact Prep at Chestnut
1.5 mi | #14 of 16 | Score: 23.5
Improved 349 spots from last year
-34.7 below state avg
278 students Moderate
Rising School
Grades 06-08
B
Chestnut Accelerated Middle School (Talented and Gifted)
1.5 mi | #164 of 352 | Score: 43.2
Dropped 11 spots from last year
-15 below state avg
265 students Diverse
Strong Attendance
Grades 06-08
F
Forest Park Middle School
1.8 mi | #343 of 352 | Score: 25.3
Improved 16 spots from last year
-32.9 below state avg
282 students Diverse
Grades 06-08
C
Van Sickle Prep School
1.9 mi | #13 of 16 | Score: 23.5
Improved 332 spots from last year
-34.7 below state avg
206 students Moderate
Rising School
Grades 06-08
H

High Schools

10 schools
C-
Libertas Academy Charter School
0.2 mi | #292 of 346 | Score: 40.6
Improved 52 spots from last year
-17.7 below state avg
563 students Moderate
7 sports • 134 athletes
Rising School Strong Attendance
Grades 06-12
C-
Conservatory of the Arts
0.3 mi | #303 of 346 | Score: 37.5
Improved 2 spots from last year
-20.7 below state avg
296 students Moderate
College Ready Curriculum
Grades 06-12
C
Emergence Academy
0.5 mi | #21 of 25 | Score: 25.5
Improved 356 spots from last year
-32.7 below state avg
382 students Diverse
Rising School Diverse Student Body
Grades 06-12
C
The Springfield Renaissance School an Expeditionary Learning School
1.9 mi | #274 of 346 | Score: 44.0
Improved 7 spots from last year
-14.3 below state avg
593 students Diverse
High Graduation Rate College Ready Curriculum
Grades 06-12
C-
Baystate Academy Charter Public School
2.9 mi | #314 of 346 | Score: 34.8
Improved 29 spots from last year
-23.5 below state avg
388 students Moderate
Rising School College Ready Curriculum
Grades 06-12
B+
Gateway to College at Springfield Technical Community College
0.5 mi | #123 of 346 | Score: 74.4
Same rank as last year
25 students Moderate
College Ready Curriculum
Grades 09-12
C-
High School of Commerce
0.5 mi | #286 of 346 | Score: 42.2
Improved 16 spots from last year
-16 below state avg
966 students Moderate
11 sports • 554 athletes
Early College Program College Ready Curriculum
Grades 09-12
F
Phoenix Academy Public Charter High School, Springfield
0.6 mi | #340 of 346 | Score: 20.6
Improved 8 spots from last year
-37.6 below state avg
158 students Moderate
College Ready Curriculum
Grades 09-12
F
Springfield International Academy at Sci-Tech
2.0 mi | #338 of 346 | Score: 21.5
Dropped 38 spots from last year
-36.7 below state avg
95 students Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
C-
Springfield High School of Science and Technology
2.0 mi | #306 of 346 | Score: 37.1
Improved 4 spots from last year
-21.1 below state avg
1,091 students Moderate
13 sports • 870 athletes
Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,157
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Apr 16, 2026
$799,000
Original listing
Agent: Zaisha Robert Office: SR Commercial Realty

Price & Status History

Date Event Price Change
Apr 16, 2026 New Listing Added $799,000 —

Market Statistics

Time on Market
10 hours 37 minutes
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $13,889 —

Financial Details

Annual Property Tax
$13,889
Tax Year 2025

Listing Information

Listing Agent Zaisha Robert
Listing Office SR Commercial Realty
Agent MLS ID CN231906
Office MLS ID AN4190
Listing Data Updated Apr 16, 2026 3:55 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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