55 Butler St, Salem, MA 01970

Local realty services provided by:ERA Cape Real Estate
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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