Great Investment Opportunity! Don't miss this well-maintained three-family home, perfect for investors or owner-occupants looking for rental income potential! Featuring two, one bedroom, first floor units and one, five bedroom, second floor unit including the finished attic. This property offers comfortable living spaces and a young heating system for added peace of mind. Additional highlights include convenient off-street parking and a fenced-in yard, ideal for outdoor enjoyment. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers excellent potential. Don't miss out on this one!
This home has been viewed 2 times
Last Checked: November 10th, 2026 at 8:33pm (Source: MLS PIN #73600603)
Gross Income: $0
Gross Expenses: $6,974
Net Income Calc: $6,974
Annual Expenses for 79-81 Phillips St, Lawrence MA 01843
Total Gross Expenses (Calculated)$6,974/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6974
Annual Income & Unit Breakdown for 79-81 Phillips St, Lawrence MA 01843
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 79-81 Phillips St, Lawrence MA 01843
Listing ID73600603
Property TypeMulti Family / 3 Family
Price799900 ($236.1/SqFt)
Style3 Family
CityLawrence
CountyEssex
Neighborhood(s)
Approximate Living Area Total3388
Approximate Lot Size (Acres)0.09
Total Parking4
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR3
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 79-81 Phillips St, Lawrence MA 01843
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsDeep Freezer
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 79-81 Phillips St, Lawrence MA 01843
Real Estate Taxes6974
Tax Year2026
Assessed Value$807,200
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 79-81 Phillips St, Lawrence MA 01843
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 79-81 Phillips St, Lawrence MA 01843