Active
1 Days on market

$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!

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$276/sqft
Local Avg (Lawrence)$295/sqft
6% BelowMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Lawrence, MA.

Property Details

Financials

Original Price$979,000
Annual Taxes$6,472

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms18
FireplacesNone
FlooringTile, Hardwood
BasementFull, Walk-Out Access, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR3

Property & Lot

Acres0.08
SqFt Lot3,484
Lot FeaturesEasements

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 Provided By

Listing Agent: Ana Riffel

Listing Office: Century 21 North East

MLS® Number: 73574326

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