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56 Market St Ipswich, MA 01938
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Key Details
Sold Price $1,175,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,312 sqft
Price per Sqft $186
MLS Listing ID 72565945
Sold Date 11/08/19
Bedrooms 10
Full Baths 5
Year Built 1900
Annual Tax Amount $9,842
Tax Year 2019
Lot Size 0.550 Acres
Acres 0.55
Property Description
Incredibly RARE opportunity to invest in this FIVE-UNIT property in the heart of downtown Ipswich. Set back from Market St and overlooking quaint downtown, this property boasts 6300 square feet of living space in its five large apartments. Excellent rental history, with all long-term tenants. All units have in-unit laundry and there is plenty of tenant and guest parking. Rents include utilities, with exception of electric. Recent updates include roof, heating system, exterior paint and water heaters. Just a stone's throw from downtown businesses and restaurants, MBTA and EBSCO and zoned Central Business - great as a long-term investment or potential other opportunities! Showings begin Sunday September 22nd.
Location
State MA
County Essex
Zoning CB
Direction 1A or Topsfield Rd to Market St
Rooms
Basement Full
Interior
Heating Central
Fireplaces Number 4
Exterior
Garage Spaces 2.0
Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Public School, T-Station
Waterfront false
Waterfront Description Beach Front, Ocean
Parking Type Off Street, Guest
Total Parking Spaces 12
Garage Yes
Building
Lot Description Gentle Sloping
Story 7
Foundation Block, Stone
Sewer Public Sewer
Water Public
Read Less
Bought with Dan Pouladian • The Mega Group