$799,500
PENDING $40K PRICE DROP

Estimated payment $4,672/month

Total Views 4,602
5 Beds
3 Baths
2,992 Sq Ft
$267 Price per Sq Ft

Highlights

  • Medical Services
  • Wood Flooring
  • Porch
  • Property is near public transit
  • Home Office
  • Bathtub with Shower

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!

Listing Agent

Tina Hill

RE/MAX On the Charles Listed on: 07/22/2025

RE/MAX On the Charles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,395

Year Built

  • Built in 1920

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,992 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Office
  • Gas Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Hot Water Heating System
  • 200+ Amp Service

Additional Features

  • Porch
  • 5,200 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 4201136

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Additional Features

  • 3 Units
  • Net Operating Income $46,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,395

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Levels: 3
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Disposal
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Basement: Full, Walk-Out Access
  • Above Grade Finished Sq Ft: 2992
  • Living Area: 2992
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC1264
  • LIST PRICE PER Sq Ft: 267.21
  • PRICE PER Sq Ft: 267.21

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Dryer, for Electric Dryer
  • Heating: Hot Water, Electric
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: 4201136
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5200
  • Lot Size Units: Acres
  • PAGE: 00

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5395
  • Tax Book Number: 00

Multi Family

  • Gross Income: 46200
  • Net Operating Income: 46200
  • Number Of Units Total: 3
  • Total Actual Rent: 5000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Pending -- -- --
08/05/2025 08/05/25 Price Changed $799,500 -4.8% $267 / Sq Ft
07/22/2025 07/22/25 For Sale $839,500 -- $281 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73407658

MLS Property Information Network (MLS PIN)