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.
For sale
$1,400,000
20-22 Lafayette Rd, Ipswich, MA 01938
5beds
2,833sqft
Est.:
4 Family
Built in 1930
-- sqft lot
$-- Zestimate®
$494/sqft
$-- HOA
What's special
Updated finishesStainless steel appliancesAmple off-street parking
- 3 days |
- 394 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Herrick Lutts Realty Partners 978-927-1959,
Herrick Lutts Realty Partners 978-927-1959,
Nicholas Zolotas 978-968-0308
Source: MLS PIN,MLS#: 73500699
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,833
- Total interior livable area: 2,833 sqft
- Finished area above ground: 2,833
Property
Parking
- Total spaces: 5
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 5
Lot
- Size: 6,047 Square Feet
Details
- Parcel number: M:41B B:0194 L:0,1955956
- Zoning: IR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship, Public School, T-Station
Location
- Region: Ipswich
Financial & listing details
- Price per square foot: $494/sqft
- Tax assessed value: $826,400
- Annual tax amount: $9,214
- Date on market: 4/13/2026
- Total actual rent: 8670
Estimated market value
Not available
Estimated sales range
Not available
$3,353/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Listed for sale | $1,400,000$494/sqft |
Source: MLS PIN #73500699 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Est. payment
$8,293/mo
Principal & interest
$7150
Property taxes
$1143
More affordability tools
Climate risks
Neighborhood: 01938
Nearby schools
GreatSchools rating
- 5/10Winthrop SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Ipswich Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10Ipswich High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Massachusetts
- Essex County
- Ipswich
- 01938
- 20-22 Lafayette Rd
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Nearby zip codes
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