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20-22 Lafayette Rd, Ipswich, MA, 01938

5beds
4baths
2,833sqft
$1,300,000
$459price/sqft
$8,571/moest. monthly cost
$342,840/yrincome needed

About This Home

Well-located four-family investment property in the heart of Ipswich, offering a desirable unit mix and consistent rental appeal. The property consists of three 1-bedroom units and one 2-bedroom unit, all featuring updated finishes including stainless steel appliances. Ample off-street parking adds to tenant convenience and overall desirability. Positioned just minutes from downtown Ipswich and the MBTA Commuter Rail station, this location provides easy access to local shops, restaurants, and commuter routes. A turnkey opportunity for investors seeking stable income with long-term upside in a strong North Shore market.

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

5/10
Winthrop SchoolGrades PK-50.3 mi
7/10
Ipswich Middle SchoolGrades 6-80.9 mi
8/10
Ipswich High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 4 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Finished area above ground: 2,833

Interior Area

  • Total structure area: 2,833
  • Total interior livable area: 2,833 sqft

Property

Details

  • Parcel number: M:41B B:0194 L:0,1955956
  • Zoning: IR

Lot

  • Lot size: 6,047 sqft

Parking

  • Total spaces: 5
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 5