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INVESTMENT SNAPSHOT
About this property
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
| Units | 3 |
| Living area | 3,546 sqft |
| Lot size | 3,484 sqft |
| Year built | 1910 |
| Price / sqft | $276 |
| County | Essex |
| MLS # | 73574326 |
Listing status
| Days on market | 0 days |
| Listed on | September 9, 2026 |
Taxes & financials
| Annual property tax | $6,472 |
| Tax year | 2026 |
| Assessed value | $749,100 |
| Zoning | R3 |
| Gross income (actual) | $90,000/yr |
| Net operating income (actual) | $90,000/yr |
| Total actual rent | $7,500/mo |
Building & lot
| Stories | 3 |
| Total rooms | 18 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Off Street |
| Basement | Full, Walk-Out Access, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup |
| Appliances | Range, Dishwasher, Refrigerator, Washer, Dryer |
Location
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 13-15 Falmouth St, Lawrence MA 01843 have?
It is a 3-unit multi-family property with 3,546 sqft of living area, built in 1910.
How long has 13-15 Falmouth St, Lawrence MA 01843 been on the market?
13-15 Falmouth St, Lawrence MA 01843 has been listed for 0 days (since September 9, 2026).
What is the price per unit?
At a list price of $979,000 across 3 units, that works out to roughly $326,333 per unit.
What are the property taxes on 13-15 Falmouth St, Lawrence MA 01843?
Annual property taxes are $6,472 (2026), on an assessed value of $749,100.
What is the price per square foot?
At $979,000 for 3,546 sqft, that's about $276 per square foot.
Is there parking?
3 total parking spaces (off street).
Where is this property located?
13-15 Falmouth St, Lawrence MA 01843 is in Lawrence, Essex County, MA 01843.
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