INNOVATE Real Estate
2 Family - 2 Units Side by Side at 57-59 Butler St, Lawrence MA 01841, Lawrence
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32 photos

$699,900

57-59 Butler St, Lawrence MA 01841
Lawrence, MA 01841
Listed by Team Lillian Montalto
Bedrooms
6
Bathrooms
5
Living area
2,804 sqft
Year built
1987

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.

Property details

MLS
MLS Property Information Network
MLS #
73590486
Property type
2 Family - 2 Units Side by Side
Subdivision
N/A
Status
Active
Days on market
1
On market date
October 14, 2026
Stories
5
Total bathrooms
5
Garage spaces
N/A
Parking spaces
4
Lot size
0.13 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Gerard A. Guilmette
0.3 mi away · Grades 1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
476
Student:teacher ratio
9.9:1
District
Lawrence
Middle
Alexander B Bruce
0.19 mi away · Grades 3-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
451
Student:teacher ratio
10.0:1
District
Lawrence
High
RISE Academy
0.75 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
79
Student:teacher ratio
7.9:1
District
Lawrence

Walkability

Blended score for Lawrence's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

73
Walkable
out of 100
EPA National Walkability Index
14.5 / 20 -- Above average walkable

Market position

How this listing compares to current activity in Lawrence, from live MLS data.

On the market 1 days -- 109 fewer days than Lawrence's current average of 110 days.
For reference, the median list price across 239 active listings in Lawrence right now is $75,000.

Mortgage calculator

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Est. monthly payment
$4,365/mo
$139,980 down
$559,920 loan
Principal & interest$3,632
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 8 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.