13-15 Falmouth St, Lawrence MA 01843

Lawrence, MA 01843
$979,000
Est. $5,690/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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9
Beds
3
Baths
3,546
Sq Ft
$276
Price/Sq Ft
0.08
Acres
1910
Year Built
3
Parking
12 hours 40 minutes
Time on Market
For Sale Open House Listed Sep 9, 2026 • MLS# 73574326 Copied! • Updated Sep 9, 2026

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Open House Schedule

12
Sep
Saturday, September 12
1:00 PM - 3:00 PM EDT
13
Sep
Sunday, September 13
1:00 PM - 3:00 PM EDT

About this home

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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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 9, 2026
$979,000
Original listing
Agent: Ana Riffel Office: eXp Realty LLC

Tax History

Year Taxes Assessment
2026 $6,472 $749,100

Financial Details

Annual Property Tax
$6,472
Tax Year 2026
Assessed Value
$749,100

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1910
Living Area 3,546 sq ft
Lot Size 0.08 acres
Stories 3
Bedrooms 9
Full Baths 3
Total Rooms 18

Investment Metrics

Units 3
Unit 1 Rent $2,500/mo · N
Unit 2 Rent $2,500/mo · N
Unit 3 Rent $2,500/mo · N
Total Monthly Rent $7,500/mo
Gross Income $90,000
Net Operating Income $90,000
Cap Rate 9.19%
Heating None
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Walk-out Access, Unfinished
Laundry Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features Living Room, Kitchen, Laundry Room
Construction Frame
Architecture None
Roof Shingle
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 3
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Gas Dryer, For Electric Dryer, Washer Hookup

Financial

Annual Tax $6,472
Assessed Value $749,100
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Driveway Is Subject To An Easement. Buyer And Buyer’s Agent To Perform Their Own Due Diligence Regarding The Easement And Verify All Related Information.
Possession None
Accepted Financing Contract
Structure Type []
House Color Gray
Sq Ft Source Public Record
Sq Ft Disclosures Measurements/floor plans are provided as a courtesy. Buyer/ buyer’s agent to do their due diligence.
Documents None
County Essex

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1910
Bedrooms
9
Full Bathrooms
3
Living Area
3,546 sq ft
Total Rooms
18
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Living Room, Kitchen, Laundry Room
Windows:
Basement: Full, Walk-Out Access, Unfinished
Laundry: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Easements
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $539
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

13-15 Falmouth St, Lawrence MA 01843

Lawrence, MA 01843

Listing Information

Listing Agent Ana Riffel
Listing Office eXp Realty LLC
Office Phone 888-854-7493
Agent MLS ID CT009531
Office MLS ID AN6820
Listing Data Updated Sep 9, 2026 1:57 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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