For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

55 Butler St Salem, MA 01970

For Sale
$925,000

Two-family home with conversion potential in prime Salem location.

Lot size:
0.10 Acres

Property Features for 55 Butler St

General Information

Lot size
0.10 Acres

Building Details

Year built
1880

Source: William Raveis R.E. & Home Services Agent Collin Sullivan

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Sun-Filled Two-Family Home on Corner Lot

Located on a corner lot, this sun-filled two-family home at 55 Butler St offers flexibility for investors or owner-occupants. The first-floor unit includes 2 bedrooms, 1 bathroom, and a parking space. The second unit is an upper duplex featuring 3 bedrooms, 2 full bathrooms, 2 parking spaces, and a sunroom off the kitchen, with 2 additional bonus rooms on the 3rd floor. The building also has a large basement with separate washers and dryers. Both units were renovated in 2018, including updated heat, hot water systems, and electrical. The property has been 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 are to be added. The home is currently vacant.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Salem
County
Essex
State
Massachusetts
Longitude
-70.9161911
Latitude
42.5208613

FAQs

What type of property is this?
Duplex - Two-family home with conversion potential in prime Salem location.
Where is this duplex located?
The property is located at 55 Butler St Salem, MA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: - Approved for conversion to a 3-unit building, increasing investment potential.; - Two renovated units (2018) with updated systems (heat, hot water, electrical).; - Flexible opportunity for investors or owner-occupants.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message