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47 Butler St, Salem MA 01970

Salem, MA 01970
$870,000
Est. $4,631/month
6
Beds
2
Baths
2,934
Sq Ft
$297
Price/Sq Ft
0.24
Acres
1800
Year Built
Multi Family
Type
11
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73243657

About this home

Rare find in the city of Salem!! Investors & families alike will not want to miss this MUST SEE 2 family positioned on a lot with over 10,000 sq.ft. complemented with an oversized detached two car garage, wonderful curb appeal and extras galore.The property boasts a 6+ car paved driveway, beautiful landscaping, and well-maintained exterior . The interior features gleaming hardwood floors, and large rooms for living, entertaining, and all family activities. Partially finished basement serving as additional living space and storage options. Newer roof and updated mechanicals in the last 4 years. Whether you are looking for a multi-family investment property or for owner occupancy with rental income potential, this property has it all. Prime location in Salem, close to shopping, dining, and public transportation, this multi-family home is sure to be an attraction. Don't miss out on this opportunity to own a piece of Salem with so much to offer.OPEN HOUSE: 6/1 12pm-2pm & 6/2 12pm-2pm.

Sale Statistics

Sale Overview
Original List Price: $839,900
Final Sale Price: $870,000
Difference: +$30,100 (+3.6%)
Performance Metrics
103.6%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $286
Sale $/sq ft: $297
This property sold for $297 per square foot
Sale Summary

This property sold for 3.6% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1800
Bedrooms
6
Full Bathrooms
2
Living Area
2,934 sq ft
Total Rooms
14
Stories
3
Levels
3

Interior Features

Flooring
Hardwood
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator
Interior Features
Bathroom With Tub & Shower, Ceiling Fan(s), Living Room, Kitchen, Family Room
Laundry Features
Washer Hookup, Dryer Hookup
Basement Details
Partially Finished
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Granite
Patio/Porch Features
Porch
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Features
Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.24 acres
Lot Size
10,250 sq ft
Lot Size Area
0.2400
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Paved
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Walk/Jog Trails, Medical Facility, Marina, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,625
Tax Year
2024
Tax Assessed Value
$656,200
Parcel Number
M:16 L:0108,2129108
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Agents and buyers must perform own due diligence. No representations or warranties expressed nor implied by the listing agent.
Listing Terms
Contract

Location

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Neighborhood

47 Butler St, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $635
Homeowners Insurance $200
PMI $0

Property History

Market Insights

3.5%
Price Range
12
Total Days on Market

Property Timeline

✓
Sold
Jul 29, 2024
$870,000
Property sold
Days on Market: 12
🏠
Listed for Sale
May 29, 2024
$839,900
Original listing
Agent: Pedro Calcano Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
May 29, 2024 New Listing Added $839,900 —

Market Statistics

Days on Market
11 days
Price per Sq Ft
$297

Tax History

Year Taxes Assessment
2024 $7,625 $656,200

Financial Details

Annual Property Tax
$7,625
Tax Year 2024
Assessed Value
$656,200

Listing Information

Listing Agent Pedro Calcano
Listing Office William Raveis R.E. & Home Services
Agent MLS ID CN213001
Office MLS ID AN4919

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