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South Common Home for Sale

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    $839,500

    • 5 Beds
    • 3 Baths
    • 2,992 Sq Ft

    53-55 Phillips St, Lawrence, MA 01843

    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

    Tina Hill RE/MAX On the Charles

    53-55 Phillips St, Lawrence, MA 01843

Why Live in South Common

South Common in Lawrence, Massachusetts, is a neighborhood characterized by its dense organization of homes, fostering a strong sense of community among residents. The area features a mix of multifamily homes, many built between the late 19th and early 20th centuries with Victorian and colonial styles, as well as mid-20th century Cape Cod-style single-family homes. South Common is home to several schools, including the expansive Lawrence High School, which houses the Abbott Lawrence Academy, an honors program offering college preparatory coursework and community service. The neighborhood is rich in attractions, with South Union Street serving as a main commercial thoroughfare. Here, residents can find a variety of dining options, such as Mamajuana Restaurant & Lounge, known for its Latin Caribbean cuisine, and Hayes Tavern, famous for its cold beer and Taco Tuesday. Grocery stores like V&V Market & Restaurant and Saigon Market provide diverse shopping options. Green spaces are plentiful, with O'Connell South Common offering amenities like a street hockey rink and volleyball courts, and Costello Park featuring a playground, basketball court, and access to the Shawsheen River Trail. The Senator Patricia McGovern Transportation Center, located on South Union Street, connects residents to Boston via the Massachusetts Bay Transportation Authority’s commuter rail system. Additionally, South Common's proximity to Interstate 495 allows for convenient travel to Interstate 93 and Boston, which is less than 30 miles away.

Frequently Asked Questions

Is South Common a good place to live?
South Common is a good place to live. South Common is considered fairly walkable and bikeable with good transit options. South Common has 8 parks for recreational activities. It is fairly dense in population with 13.3 people per acre and a median age of 33. The average household income is $70,670 which is below the national average. College graduates make up 15.6% of residents. A majority of residents in South Common are renters, with 75.7% of residents renting and 24.3% of residents owning their home. A local real estate agent serving South Common can help you decide if this neighborhood is the right one for you. Learn more on our South Common neighborhood guide.
Is South Common, MA a safe neighborhood?
South Common, MA is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in South Common?
The median home price in South Common is $650,000. If you put a 20% down payment of $130,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,370 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $144K a year to afford the median home price in South Common. The average household income in South Common is $71K.
What are the best public schools in South Common?
The best public schools that serve South Common are:
What are the best private schools in South Common?
The best private schools that serve South Common are:
What are the most popular zip codes in South Common, Lawrence, MA?
The most popular zip codes in South Common, Lawrence, MA include 01843, 01845, 01841, 01840 and 01810.
What are the most popular neighborhoods near South Common, Lawrence, MA?
The most popular neighborhoods near South Common, Lawrence, MA are Colonial Heights, South West, Mount Vernon, Prospect Hill-Back Bay and Tower Hill.

Home Trends in South Common, MA

Housing Trends

Median Sale Price
$1,152,500
Median Single Family Sale Price
$495,000
Median Townhouse Sale Price
$622,500
Median 2 Bedroom Sale Price
$1,330,000
Average Price Per Sq Ft
$207
Number of Homes for Sale
5
Last 12 months Home Sales
28
Months of Supply
2.10
Median List Price
$650,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
239%
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