Mandee Hammerstein
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3 Family at 13-15 Falmouth St, Lawrence MA 01843, Lawrence
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$979,000

13-15 Falmouth St, Lawrence MA 01843
Lawrence, MA 01843
Listed by Ana Riffel
Bedrooms
9
Bathrooms
3
Living area
3,546 sqft
Year built
1910

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!

Property details

MLS #
73574326
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
16
On market date
September 9, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
3
Lot size
0.08 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Community Day Charter Public School - R. Kingman Webster
0.09 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
394
Student:teacher ratio
9.0:1
District
Community Day Charter Public School - R. Kingman Webster (Di
Middle
Spark Academy
0.45 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
436
Student:teacher ratio
10.4:1
District
Lawrence
High
Lawrence High School
0.48 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
3,097
Student:teacher ratio
13.0:1
District
Lawrence

Walkability

Blended score for Lawrence's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

74
Walkable
out of 100
EPA National Walkability Index
11.2 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks17
Schools20
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Lawrence, from live MLS data.

On the market 16 days -- 89 fewer days than Lawrence's current average of 105 days.
For reference, the median list price across 219 active listings in Lawrence right now is $75,000.

Mortgage calculator

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Est. monthly payment
$6,046/mo
$195,800 down
$783,200 loan
Principal & interest$5,080
Property tax (est.)$816
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 12 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.