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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 2 |
| Living area | 2,804 sqft |
| Lot size | 5,798 sqft |
| Year built | 1987 |
| Price / sqft | $250 |
| County | Essex |
| MLS # | 73590486 |
Listing status
| Days on market | 0 days |
| Listed on | October 14, 2026 |
Taxes & financials
| Annual property tax | $5,803 |
| Tax year | 2026 |
| Assessed value | $671,700 |
| Zoning | R2 |
| Gross income (actual) | $63,600/yr |
| Net operating income (actual) | $53,831/yr |
| Total actual rent | $5,300/mo |
Building & lot
| Stories | 5 |
| Total rooms | 12 |
| Lot size | 0.13 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Partially Finished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile |
Utilities & systems
| Heating | Hot Water, Baseboard |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator |
Location
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 57-59 Butler St, Lawrence MA 01841 have?
It is a 2-unit multi-family property with 2,804 sqft of living area, built in 1987.
How long has 57-59 Butler St, Lawrence MA 01841 been on the market?
57-59 Butler St, Lawrence MA 01841 has been listed for 0 days (since October 14, 2026).
What is the price per unit?
At a list price of $699,900 across 2 units, that works out to roughly $349,950 per unit.
What are the property taxes on 57-59 Butler St, Lawrence MA 01841?
Annual property taxes are $5,803 (2026), on an assessed value of $671,700.
What is the price per square foot?
At $699,900 for 2,804 sqft, that's about $250 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street).
Where is this property located?
57-59 Butler St, Lawrence MA 01841 is in Lawrence, Essex County, MA 01841.
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