Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

55 Butler St

Gallows Hill - Salem, MA ID #73446309

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55 Butler St

Gallows Hill - Salem, MA ID #73446309

This listing has been sold for $905,000

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!

Additional Details

  • Status: SLD
  • Type: Multi-Family, 2 Family - 2 Units Up/Down
  • Area: Gallows Hill
  • Zip Code: 01970
  • Taxes: 9,931
  • Levels: 3
  • Acres: 0.10

Parking

  • Garage Capacity: 3
  • Parking: Off Street
  • Parking Spaces: 3

Rooms/Dimensions

  • Total Units: 2
  • Total Floors: 3
  • Total Rooms: 11

Location

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Daniel Resop of William Raveis R.E. & Home Services. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.