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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.

More Info

Basic Information

  • Gross Income $63,600
  • Mls StatusNew
  • Parcel Number M:0187 B:0000 L:0030,4210034

Tax Information

  • Tax Assessed Value $671,700
  • Tax Year 2026
  • Taxes$5,803

School Information

  • Elementary SchoolAlexander B Bruce School
  • High School Lawrence High School
  • Junior HighGuilmette Middle School

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces4

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms6
  • Full Bath5

Basic Information

  • List Price$699,900
  • MLS Number73590486
  • Modification Date10/15/2026
  • Property SubType2 Family - 2 Units Side by Side

Location

  • Address57-59 Butler Street
  • Building Number57-59
  • CountyEssex
  • StateMA
  • StreetButler Street
  • TownLawrence
  • Zip01841

Building

  • BasementFull, Partially Finished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 5
  • Patio And Porch Features Deck, Patio
  • Rooms12
  • Stories5
  • Units2
  • Year Built1987
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.13

Interior

  • Flooring Wood, Tile
  • Interior Features Living Room, Dining Room, Kitchen

Exterior

  • RoofShingle

Utilities

  • Heat SystemYes
  • Heating Hot Water, Baseboard
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,804
  • Lot Size Square Feet 5,798
  • Lot Size Units Acres
  • Square Feet2,804

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningR2

Other

  • Date Listed10/14/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Team Lillian Montalto of Lillian Montalto Signature Properties

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