111 Central Street, Ipswich MA 01938

Ipswich, MA 01938
$800,000
Est. $4,258/month
5
Beds
3
Baths
2,528
Sq Ft
$316
Price/Sq Ft
0.14
Acres
1900
Year Built
3 Family - 3 Units Up/Down
Type
12
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73338684

About this home

This antique Victorian 3-family home is centrally located in Ipswich offering both historic character and incredible investment potential. Whether you're a savvy investor looking to maximize rental income or an owner-occupant seeking additional revenue, this property is a rare find. The first unit features an eat-in kitchen with stainless steel appliances, a large sunny living room, three bedrooms, full bathroom, and laundry room. The second unit has two bedrooms and an open-concept layout with a large kitchen island and bright living room. Third-floor studio offers a cozy and flexible living space with dining area, reading nook, and more. Additional storage in basement and ample parking. Less than a mile from downtown Ipswich, MBTA, restaurants, shops and more. Ipswich is home to Crane Beach, one of the most breathtaking coastal spots in the area, and only 30 miles from Boston.

Sale Statistics

Sale Overview
Original List Price: $877,000
Final Sale Price: $800,000
Difference: $77,000 (-8.8%)
Performance Metrics
91.2%
List to Sale Ratio
Sold below asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $347
Sale $/sq ft: $316
This property sold for $316 per square foot
Sale Summary

This property sold for 8.8% below the original asking price.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family - 3 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
5
Full Bathrooms
3
Living Area
2,528 sq ft
Total Rooms
10
Stories
3
Levels
3

Interior Features

Flooring
Hardwood
Heating
Natural Gas, Electric, Ductless
Has Heating
Yes
Cooling
Central Air, Window Unit(s), Ductless
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator
Interior Features
Storage, Bathroom With Tub, Living Room, Kitchen, Laundry Room
Laundry Features
Washer Hookup, Dryer Hookup
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,098 sq ft
Lot Size Area
0.1400
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Laundromat, Highway Access, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,548
Tax Year
2024
Tax Assessed Value
$766,600
Parcel Number
1954921
Zoning
GB

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Sold as is. Seller has never lived in property. Buyer to verify all information and conduct own due diligence.
Exclusions
First Floor Washer/Dryer Are Tenants.

Location

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Neighborhood

111 Central Street, Ipswich MA 01938

Ipswich, MA 01938

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $712
Homeowners Insurance $200
PMI $0

Property History

Market Insights

3%
Price Range
13
Total Days on Market

Property Timeline

Sold
Apr 16, 2025
$800,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Feb 26, 2025
$825,000
Original listing
Agent: Maggie Pratt Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Feb 26, 2025 New Listing Added $825,000

Market Statistics

Days on Market
12 days
Price per Sq Ft
$316

Tax History

Year Taxes Assessment
2024 $8,548 $766,600

Financial Details

Annual Property Tax
$8,548
Tax Year 2024
Assessed Value
$766,600

Listing Information

Listing Agent Maggie Pratt
Listing Office Keller Williams Realty Evolution
Agent MLS ID CN239686
Office MLS ID AN6888

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