10-14 Central StreetIpswich, MA 01938MLS Number 72515997

  • Price: $1,850,000
  • Est. Mortgage of $/month
  • 17 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 3.84% last updated on Jun 20, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 12Bedrooms
  • 0.06Acreage
  • 6Bathroom
  • 1990Year Built

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Turn-Key Opportunity Providing A Cap Rate Of 7% And A Cash On Cash Return Of 11.5%. Mixed-Use Building In Downtown Ipswich. Four Huge, Modern Apartments Over Very Popular Downtown Restaurant. All Apartments Are 5 Room, 3 Bedroom Units, Measuring Approximately 1250 s.f. Plenty Of Off-Street, Municipal Parking Behind Building. Full Attic For Storage Or Expansion. Net Operating Income Is Over $131,000. Restaurant Pays $4100 For Rent And 42% Of Total Property Expenses. Great Location, Excellent Condition, Incredibly Clean.

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Windhill Realty
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Parking

  • Garage Spaces
  • Parking Spaces6

Building

  • Year Built1990
  • Bathroom6
  • Full Baths4
  • Half Baths2
  • Bedrms 13
  • Bedrms 23
  • Bedrms 33
  • Bedrms 43
  • Bedrooms12
  • Total Brs12
  • Rms 15
  • Total Fbh4
  • Rms 25
  • Total Flrs10
  • Rms 35
  • Total Half Baths2
  • Rms 45
  • Total Levels4
  • No Units5
  • No Rooms20
  • Total Rms23
  • Total Rooms20
  • Levels4
  • Levels 11
  • Levels 21
  • Levels 31
  • Levels 41
  • BasementYes
  • FoundationPoured Concrete
  • DirectionGPS
  • Lead PaintUnknown

Basic Information

  • StatusACT
  • Property Type5+ Family - 5+ Units Up/Down
  • Date Listed06/10/2019
  • List Price$1,850,000
  • Price Per Sq Ft$241
  • Status Date2019-06-20T10:10:00
  • MLS Number72515997

Interior

  • F Bths 21
  • F Bths 11
  • F Bths 31
  • Flrs 12
  • Flrs 22
  • Flrs 33
  • F Bths 41
  • Flrs 43

Utilities

  • WaterCity/Town Water
  • SewerCity/Town Sewer

Water Body

  • WaterfrontNo
  • BeachfrontNo

Photos

  • Number of Photos23
  • Photo Date2019-06-15T15:10:00
  • Prop TypeMF

Location

  • Street Num10
  • Building Number10-14
  • StreetCentral Street
  • TownIpswich
  • StateMA
  • Zip01938
  • Zip Code 41912
  • CountyEssex

Property

  • Acreage0.06
  • Lot Size2680
  • Square Feet7,668
  • Lease 1Y
  • Lease 2Y
  • Lease 3Y
  • Rent41900
  • Lot DescriptionOther (See Remarks)
  • Rent31900
  • Rent21850
  • Rent11925
  • Total Rent11400
  • Assessments727300
  • Main LoNB4869

Other

  • Year Built DescrpApproximate
  • Apod AvailableNo
  • Noi131066
  • View Count6

Ipswich, MA Demographics

There is no data available

Ipswich, MA Real Estate Market Data

There is no data available

Ipswich, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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