57-59 Butler St, Lawrence MA 01841
Lawrence, MA 01841
$699,900
Est. $4,223/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
Adjust the payment calculatorTrack this home for price, status, and open-house alerts.
About this home
INVESTMENT OPPORTUNITY IN LAWRENCE. This versatile TOWNHOUSE STYLE two-family property, each with three bedrooms, providing an excellent opportunity for rental income. Both units feature multiple levels of living space, with a total of five full bathrooms between them. Recent updates include hot water tanks approximately two years old. A partially finished basement, deck, patio, and off-street parking add to the appeal. Conveniently located near public transportation, shopping, parks, and major highways, this property offers flexibility for investors or owner-occupants looking to generate rental income. DON’T MISS THIS OPPORTUNITY TO ADD A VERSATILE TWO-FAMILY PROPERTY TO YOUR PORTFOLIO.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Price & Status History
Market Insights
59%
Price Range
2
Previous Sales
Property Timeline
Listed for Sale
Oct 14, 2026
$699,900
Original listing
Agent: Team Lillian Montalto
Office: Lillian Montalto Signature Properties
Previous Transaction - MLS #72408346
Full transaction history available when tracking began
Previously Sold
Jan 14, 2019
$405,000
MLS #72408346
Previous Transaction - MLS #71855025
Full transaction history available when tracking began
Previously Sold
Aug 21, 2015
$287,000
MLS #71855025
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/14/2026 | 🏠 Listed for Sale | $699,900 | - | - | Original listing |
| 01/14/2019 | 🏷️ Previously Sold | $405,000 | - | - | MLS #72408346 |
| 08/21/2015 | 🏷️ Previously Sold | $287,000 | - | - | MLS #71855025 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $5,803 | $671,700 |
Financial Details
Annual Property Tax
$5,803
Tax Year 2026
Assessed Value
$671,700
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Side by Side
Year Built
1987
Living Area
2,804 sq ft
Lot Size
0.13 acres
Stories
5
Bedrooms
6
Full Baths
5
Total Rooms
12
Investment Metrics
Units
2
Unit 1 Rent
$2,800/mo · N
Unit 2 Rent
$2,500/mo · N
Total Monthly Rent
$5,300/mo
Gross Income
$63,600
Net Operating Income
$53,831
Operating Expenses
$9,767
Cap Rate
7.69%
Interior
Heating
Hot Water, Baseboard
Cooling
None
Flooring
Wood, Tile
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Partially Finished
Laundry
None
Features
Living Room, Dining Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck, Patio
Parking
Features
Paved Drive, Off Street
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$5,803
Assessed Value
$671,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Buyers Responsible For Own Due Diligence.
Exclusions
See Inclusion Exclusion List Attached To Listing.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Broker not responsible for discrepancies in SF
Documents
None
County
Essex
Property Overview
Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
1987
Bedrooms
6
Full Bathrooms
5
Living Area
2,804 sq ft
Total Rooms
12
Stories
5
Levels
5
Floor Layout
Interior Features
Flooring:
Wood, Tile
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Dining Room, Kitchen
Windows:
Basement:
Full, Partially Finished
Laundry:
Security:
Construction & Materials
Year Built:
1987
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
5
Utilities & Systems
Heating:
Hot Water, Baseboard
Cooling:
None
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Lawrence School District local
D
Where Graduates Go
Class of 2021
36%
attend college
14%
4-Year
23%
2-Year
3%
Out of State
2%
Working
School Safety
2024-25
2.2%
Average
2.2%
Suspensions
1.1%
In-School
3.3% below state avg
Elementary Schools
10 schools
C
Lawrence Family Development Charter School
0.4 mi
|
#255 of 352
|
Score: 35.9
Dropped 54 spots from last year
-22.3 below state avg
920 students
Less Diverse
Strong Attendance
Grades PK-08
F
School for Exceptional Studies
0.8 mi
|
#344 of 346
|
Score: 16.3
Improved 39 spots from last year
-41.9 below state avg
114 students
Less Diverse
Rising School
Grades PK-12
C+
Emily G Wetherbee School
0.9 mi
|
#236 of 352
|
Score: 37.4
Improved 65 spots from last year
-20.8 below state avg
468 students
Less Diverse
Rising School
Strong Attendance
Grades K-08
CLASS, Inc.
0.9 mi
Grades K-12
Lawrence Catholic Academy
1.0 mi
Grades PK-08
B+
Community Day Charter Public School
1.5 mi
|
#126 of 352
|
Score: 47.1
Dropped 13 spots from last year
-11.2 below state avg
1,198 students
Less Diverse
Strong Attendance
Grades PK-08
D
Gerard A. Guilmette School
0.3 mi
|
#776 of 825
|
Score: 30.7
Improved 11 spots from last year
-27.5 below state avg
506 students
Less Diverse
Grades 01-04
Lawrence Family Public Academy
0.4 mi
188 students
Less Diverse
Grades PK-K
James F Hennessey School
0.5 mi
290 students
Less Diverse
Grades PK-02
Lawrence Early Childhood Center
0.7 mi
217 students
Less Diverse
Grades PK-K
Middle Schools
9 schools
D
Alexander B Bruce School
0.2 mi
|
#330 of 352
|
Score: 28.1
Dropped 6 spots from last year
-30.1 below state avg
431 students
Less Diverse
Grades 03-08
C-
Guilmette Middle School
0.3 mi
|
#299 of 352
|
Score: 31.8
Dropped 17 spots from last year
-26.5 below state avg
451 students
Less Diverse
Grades 05-08
Blessed Stephen Bellesini O.S.A. Academy
0.5 mi
Grades 05-08
C-
Arlington Middle School
0.9 mi
|
#313 of 352
|
Score: 30.5
Improved 36 spots from last year
-27.7 below state avg
509 students
Less Diverse
Rising School
Grades 05-08
F
Oliver Middle School
1.0 mi
|
#346 of 352
|
Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
466 students
Less Diverse
Grades 05-08
Esperanza Academy
1.1 mi
Grades 05-06
C-
Frost Middle School
1.5 mi
|
#304 of 352
|
Score: 31.3
Improved 21 spots from last year
-26.9 below state avg
474 students
Less Diverse
Rising School
Grades 05-08
B+
Spark Academy
1.7 mi
|
#6 of 16
|
Score: 36.3
Improved 270 spots from last year
-21.9 below state avg
570 students
Less Diverse
Rising School
Grades 05-08
C-
Parthum Middle School
2.0 mi
|
#290 of 352
|
Score: 32.4
Dropped 12 spots from last year
-25.8 below state avg
572 students
Less Diverse
Grades 05-08
High Schools
5 schools
B-
RISE Academy
1.4 mi
|
#223 of 346
|
Score: 66.7
Same rank as last year
105 students
Less Diverse
College Ready Curriculum
Grades 06-12
Central Catholic High School
0.7 mi
21 sports
• 2,718 athletes
Strong Athletics
Grades 09-12
B
High School Learning Center
0.9 mi
|
#172 of 346
|
Score: 71.1
Same rank as last year
158 students
Less Diverse
Career Tech Programs
College Ready Curriculum
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
1.3 mi
|
#182 of 346
|
Score: 69.9
Same rank as last year
133 students
Moderate
Career Tech Programs
College Ready Curriculum
Grades 09-12
C
Lawrence High School
1.7 mi
|
#270 of 346
|
Score: 45.3
Improved 37 spots from last year
-12.9 below state avg
3,280 students
Less Diverse
13 sports
• 1,440 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$484
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
Loading map...
Neighborhood
57-59 Butler St, Lawrence MA 01841
Lawrence, MA 01841
Listing Information
Listing Agent
Team Lillian Montalto
Listing Office
Lillian Montalto Signature Properties
Office Phone
978-475-1400
Agent MLS ID
TM338007
Office MLS ID
G62122
Listing Data Updated
Oct 14, 2026 10:14 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Lawrence.