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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON NOV 06 2025 AT 5:02 PM.

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55 Butler St

salem, MA 01970

$949,000

  • 6 BR
    3 BA
    APPROX. 2,536 SF

INTERESTED? LET'S CONNECT

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!

Details

2,536 Sq Ft

4,251 Sq Ft Lot Size

Other

$9,931 Annual Tax

Built in 1880

MLS/Listing ID 73446309

3 Stories

2 Units

Amenities & Features

Community - Public Transportation

Community - Shopping

Community - Park

Community - Walk/Jog Trails

Community - Medical Facility

Community - Public School

Natural Wood

Stone

Lot - Corner Lot

Parking - Off Street

MLSPIN

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Interested in 55 Butler St?