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Listed price in listed location currency (USD).
$925,000

633

MLS® 73446309

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2536 sqft
Garage No
Taxes $9,931
Days Active 85
Lot Size 0.1 acres
Approx. Age 1880
Avg. Price Per Sqft $364
MLS® Number 73446309

Property Address: 55 Butler St, Salem, MA, 01970-1373

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number73446309
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1
Exterior
GarageNo
Approx. Age1880
BasementConcrete, Unfinished
DrivewayOff Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

Other

Oct 22, 2025List Date
$925,000List Price
  • Commute

Commute

Starting Address
Destination Address
55 Butler St, Salem, MA

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