55 Butler St, Salem, MA 01970
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
55 Butler St,Salem, MA 01970
$925,000
- 6 Beds
- 3 Baths
- 2,536 sq. ft.
- Multi-family
- Active
Listed by: daniel resop, collin sullivan
Office: william raveis r.e. & home services
MLS#:73446309
Source:MLSPIN
Price summary
- Price:$925,000
- Price per sq. ft.:$364.75
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:December 03, 2025 at 11:36 AM
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:$925,000
- Price per sq. ft.:$364.75
- Tax amount:$9,931 (2025)
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