$979,000
13-15 Falmouth St, Lawrence, MA 01843
Lawrence, MA 01843
Beds
9
Baths
3
SqFt
3,546
Style
3 Family
Built
1910
Exceptional opportunity in a prime South Lawrence location, just moments from the North Andover line! This spacious 3-family home offers three bedrooms in each unit and was extensively renovated in 2024 with impressive upgrades throughout. Each unit features gleaming hardwood floors, recessed lighting, beautifully renovated kitchens and bathrooms, modern stainless steel appliances, new doors and hardware, and convenient in-unit laundry. The common and exterior areas are equally updated, reflecting the care invested throughout the property. The basement features separate utilities, new plumbing and electrical systems, including 200-amp service for each unit, and soundproof insulation on 1st and 2nd units. Off-street parking adds even more convenience, with driveway access subject to an easement. All three units are currently occupied by tenants at will, with rents below current market levels, presenting potential upside for the next owner. One unit may be delivered vacant upon request, offering an excellent option for an owner-occupant or investor. A beautifully updated, substantial 3-family property in a highly desirable location—truly a gem!
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Market Value Analysis
* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Lawrence, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Laundromat • House of Worship • Public School
Geography
Population
27,445
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$68K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
68.2%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Ana Riffel
Listing Office: Century 21 North East
MLS® Number: 73574326
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