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4 Days on Jacob Realty
5
$839,500
Total Beds: 5 Total Baths: 3
Total Units: 3 SQFT: 2992
LOT size: 0.12 Acres
53-55 Phillips Street
Lawrence, MA 01843
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Property Description

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! Interior photos coming soon.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Amenities: House of Worship, Laundromat, Medical Facility, Public School, Public Transportation, Shopping
  • Basement Features: Full, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Common Heating: Active Solar, Electric, Electric Baseboard, Forced Air, Hot Water Radiators, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 46200
  • Net Operating Income: 46200

Utilities

  • Heat Zones: 1
  • Electric Info: 200 Amps
  • Utility Connections: for Electric Dryer, for Electric Range, for Gas Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73407658
  • Last Updated: 07/26/25

Mortgage Calculator

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Map

Seller's Representative: Tina Thurlow, RE/MAX On the Charles
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-07-26 03:05:00