55 Butler St

Salem, MA 01970

$925,000
Price
6
Beds
2,536 Sq. Ft.
$365 / Sq. Ft.
2,536
Sq. Ft.
$365
per Sq. Ft.
a view of street with parked cars
a car parked in front of a white house
a view of a house with backyard and trees
a view of empty room with wooden floor and fan
a view of an empty room with wooden floor and a window
a kitchen with stainless steel appliances granite countertop a stove a sink and a microwave
a room with furniture window and wooden floor
a kitchen with stainless steel appliances granite countertop a sink cabinets and wooden floor
a bathroom with a sink a mirror and a bathtub
a view of an empty room with wooden floor and a window
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a bathroom with a toilet sink and mirror
a white toilet sitting next to a bathroom sink
a view of empty room with wooden floor
a view of an empty room with wooden floor
a view of empty room with wooden floor
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a kitchen with stainless steel appliances granite countertop a stove top oven a sink dishwasher a refrigerator and a dining table with wooden floor
a kitchen with stainless steel appliances granite countertop a stove and a refrigerator
a kitchen with a sink stove and cabinets
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
an empty room with wooden floor and windows
a view of an empty room with window and wooden floor
a white toilet sitting next to a bathroom sink
a bathroom with a sink a toilet and a mirror
a view of a room with gym equipment

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...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!

Property Details for 55 Butler Street

Town
Salem
MLS Area
Gallows Hill
Area
MA-Salem-Gallows Hill, MA-Salem
Garage Spaces
0
Parking Spaces
3.00
Parking Spaces Total
3
LISTING UPDATED: 11/22/2025 03:07 AM

Property Details for 55 Butler Street

StatusActive
MLS #73446309
Days on Market43
Taxes$9,931 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1880
CountyEssex County

Location

Listing Courtesy of William Raveis R.E. & Home Services, Daniel Resop; William Raveis R.E. & Home Services, Collin Sullivan
Add your commute

Building Information for 55 Butler Street

Stories3Residences2Year Built1880Building Size-Lot Size0.10 AC / 4,251 SF

Payment Calculator

$5,398 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,571

Property Taxes

$828

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 55 Butler Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Public School
  • Living Area: 2536.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Each unit is currently assessed as separate condos.
Tax Information
  • Tax ID: 5075267
  • Assessments: $875,700
  • Book: 42747
  • Tax Year: 2025
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Levels: 3
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 55 Butler Street

DateEvent & SourcePriceAppreciation
Nov 18, 2025

Price Change

MLS PIN #73446309

$925,000—
Oct 22, 2025

Listed (Active)

MLS PIN #73446309

$949,000—
Dec 31, 2015

Expired

MLS PIN #71888059

$379,900—
Aug 12, 2015

Listed (Active)

MLS PIN #71888059

$399,900—
May 1, 2014

Sold (Public Record)

Public Record #414921003

$300,000

+18.0% / yr

Mar 30, 2011

Sold (Public Record)

Public Record #306881930

$180,000

-9.3% / yr

Mar 30, 2011

Sold

MLS PIN #71157196

$180,000—
Nov 4, 2010

Contingent

MLS PIN #71157196

—
Oct 19, 2010

Listed (Active)

MLS PIN #71157196

$199,900—
May 31, 2009

Expired

MLS PIN #70845132

$259,900—
Nov 10, 2008

Listed (Active)

MLS PIN #70845132

$274,900—
Oct 14, 2008

Expired

MLS PIN #70746336

$274,900—
Apr 18, 2008

Listed (Active)

MLS PIN #70746336

$416,900—
Oct 1, 2003

Sold

MLS PIN #30745649

$375,000—
Oct 1, 2003

Sold (Public Record)

Public Record #128099433

$375,000

+2.2176162861444416e+49% / yr

Sep 8, 2003

Under Agreement

MLS PIN #30745649

—
Sep 8, 2003

Contingent

MLS PIN #30745649

—
Aug 19, 2003

Sold (Public Record)

Public Record #326466924

$1—
Jul 15, 2003

Listed (Active)

MLS PIN #30745649

$409,900—
DateEvent & SourcePrice
11/18/2025

Price Change

MLS PIN #73446309

$925,000
10/22/2025

Listed (Active)

MLS PIN #73446309

$949,000
12/31/2015

Expired

MLS PIN #71888059

$379,900
08/12/2015

Listed (Active)

MLS PIN #71888059

$399,900
05/01/2014

Sold (Public Record)

Public Record #414921003

$300,000

+18.0% / yr

03/30/2011

Sold (Public Record)

Public Record #306881930

$180,000

-9.3% / yr

03/30/2011

Sold

MLS PIN #71157196

$180,000
11/04/2010

Contingent

MLS PIN #71157196

—
10/19/2010

Listed (Active)

MLS PIN #71157196

$199,900
05/31/2009

Expired

MLS PIN #70845132

$259,900
11/10/2008

Listed (Active)

MLS PIN #70845132

$274,900
10/14/2008

Expired

MLS PIN #70746336

$274,900
04/18/2008

Listed (Active)

MLS PIN #70746336

$416,900
10/01/2003

Sold

MLS PIN #30745649

$375,000
10/01/2003

Sold (Public Record)

Public Record #128099433

$375,000

+2.2176162861444416e+49% / yr

09/08/2003

Under Agreement

MLS PIN #30745649

—
09/08/2003

Contingent

MLS PIN #30745649

—
08/19/2003

Sold (Public Record)

Public Record #326466924

$1
07/15/2003

Listed (Active)

MLS PIN #30745649

$409,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 55 Butler Street

Taxable ValueLand$142,500Additions$328,200Total$470,700
Tax Record2019$7,108 ($592 / month)
Home Facts
Baths3Total Finished SqFt2,558 SqFtAbove Grade Finished SqFt2,558 SqFtUnfinished Basement SqFt999 SqFtStories3Lot Size4,356 SqFtStyleDuplexYear Built1880ZoningR1CountyESSEXAPNM:16 L:0096

Schools near 55 Butler Street

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Bates Elementary School
Public - PK to 5
Horace Mann Laboratory School
Public - PK to 5
Carlton Elementary School
Public - K to 5
Witchcraft Heights Elementary School
Public - K to 5
Rating
School
Distance
Bates Elementary School
PublicPK to 5

Horace Mann Laboratory School
PublicPK to 5

Carlton Elementary School
PublicK to 5

Witchcraft Heights Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 55 Butler Street, Salem, MA 01970

55 Butler Street is a multi-family home for sale in Salem, MA 01970. This property was listed for sale on October 22, 2025 by William Raveis R.E. & Home Services, it's currently listed at $925,000. It has been on the market for a total of 43 days and was last sold on May 1, 2014. This listing's school district is Salem School District. Nearby schools include Bates Elementary School, Horace Mann Laboratory School and Carlton Elementary School. 55 Butler Street is a 6-bed, 3-bath, 2,536 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Raveis R.E. & Home Services, Daniel Resop; William Raveis R.E. & Home Services, Collin Sullivan

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.