55 Butler St, Salem, MA 01970

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
55 Butler St,Salem, MA 01970
$949,000
  • 6 Beds
  • 3 Baths
  • 2,536 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Oct 25
    11:00 am - 12:15 pm
  • Sun, Oct 26
    11:00 am - 12:15 pm
Listed by:daniel resop
Office:william raveis r.e. & home services
MLS#:73446309
Source:MLSPIN

Price summary

  • Price:$949,000
  • Price per sq. ft.:$374.21

About this home

Welcome to 55 Butler St! This sun-filled 2-family opportunity on a corner lot w/ a history of strong rent offers incredible flexibility for investors or owner-occupants alike! The first floor unit features 2 bedrooms, 1 bathroom and a parking space, while Unit 2 is an upper duplex featuring 3 bedrooms, 2 full bathrooms, 2 parking spaces and a small sunroom off the kitchen w/ 2 additional bonus rooms on the 3rd floor! The building also includes a large basement w/ separate washers/dryers. Both existing units were renovated in 2018 (including updated heat/hot water systems and electrical). Fully approved by the Salem ZBA to convert from a 2- to 3-unit building by splitting Unit 2 into individual units on the two separate floors. The approved plans were designed to facilitate the conversion, with the new 3rd floor unit retaining its existing bathroom. A kitchen, skylights and laundry to be added. Home is vacant. Prime location already green-lit for expansion!

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Home facts

  • Year built:1880
  • Listing ID #:73446309
  • Updated:October 23, 2025 at 09:59 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,536 sq. ft.

Structure and exterior

  • Year built:1880
  • Building area:2,536 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$949,000
  • Price per sq. ft.:$374.21
  • Tax amount:$9,931 (2025)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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