53-55 Phillips Street, Lawrence MA 01843

Lawrence, MA 01843
$799,500
Est. $4,255/month
5
Beds
3
Baths
2,992
Sq Ft
$267
Price/Sq Ft
0.12
Acres
1920
Year Built
3 Family
Type
19
Days on Market
Pending Price Drop -$40,000 Listed Sep 26, 2025 • MLS# 73407658

About this home

Welcome to 53-55 Phillip St, Lawrence! This well-maintained 3-family home offers a fantastic opportunity for both owner-occupants and investors. Featuring a newer roof, windows, and siding, the property combines curb appeal with long-term value. With a total of 5 bedrooms across the three units, there’s room for everyone. Unit 1: 2 bedrooms, 1 bath. Unit 2: 2 bedrooms, 1 bath, plus a home office or guest room. Unit 3: 1 bedroom, 1 bath, with in-unit washer/dryer hookup. Enjoy a spacious yard, a detached garage, and off-street parking for up to 6 cars. Conveniently located in Lawrence, this versatile property is ideal for extended families or steady rental income. Don’t miss out!

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1920
Bedrooms
5
Full Bathrooms
3
Living Area
2,992 sq ft
Total Rooms
14
Stories
3
Levels
3

Interior Features

Flooring
Tile, Carpet, Hardwood
Heating
Hot Water, Electric
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Disposal
Interior Features
Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Office/Den
Laundry Features
Gas Dryer Hookup, Electric Dryer Hookup
Basement Details
Full, Walk-Out Access

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Foundation Area
0 sq ft
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.12 acres
Lot Size
5,200 sq ft
Lot Size Area
0.1200
Road Frontage Type
Public

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range, for Electric Range, for Gas Dryer, for Electric Dryer
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,395
Tax Year
2025
Tax Assessed Value
$613,000
Parcel Number
4201136
Zoning
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate

Location

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Neighborhood

53-55 Phillips Street, Lawrence MA 01843

Lawrence, MA 01843

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 $450
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Jul 22, 2025
$799,500
Original listing
Office: RE/MAX On the Charles

Price & Status History

Date Event Price Change
Jul 22, 2025 New Listing Added $799,500

Market Statistics

Days on Market
19 days
Price per Sq Ft
$267
Total Price Drop
-$40,000

Tax History

Year Taxes Assessment
2025 $5,395 $613,000

Financial Details

Annual Property Tax
$5,395
Tax Year 2025
Assessed Value
$613,000

Listing Information

Listing Agent Tina Thurlow
Listing Office RE/MAX On the Charles
Agent MLS ID CN230061
Office MLS ID AC1264

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