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$979,000
Total Beds: 9 Total Baths: 3
Total Units: 3 SQFT: 3546
LOT size: 0.08 Acres
13-15 Falmouth St
Lawrence, MA 01843
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Property Description

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!

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: House of Worship, Laundromat, Park, Public School, Public Transportation, Shopping
  • Basement Features: Full, Unfinished Basement, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Washer Hookup

Financial

  • APOD Available: No
  • Gross Operating Income: 90000
  • Net Operating Income: 90000

Utilities

  • Electric Info: 200 Amps
  • Utility Connections: Washer Hookup, for Electric Dryer, for Gas Dryer, for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73574326
  • Last Updated: 09/09/26
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Ana Riffel, eXp Realty LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-09-09 13:57:00

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