55 Butler St Open House Save Request In-Person Tour Request Virtual Tour
Salem,MA 01970
OPEN HOUSE
Sat Oct 25, 11:00am - 12:15pm Sun Oct 26, 11:00am - 12:15pm
Key Details
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,536 sqft
Price per Sqft $374
MLS Listing ID 73446309
Bedrooms 6
Full Baths 3
Year Built 1880
Annual Tax Amount $9,931
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type 2 Family - 2 Units Up/Down
Property 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!
Location
State MA
County Essex
Area Gallows Hill
Zoning R1
Direction Google Maps
Rooms
Basement Concrete,Unfinished
Interior
Flooring Wood
Exterior
Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Public School
Total Parking Spaces 3
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false