20-22 Lafayette Rd Ipswich MA 01938 MLS #73500699

20-22 Lafayette Rd
Ipswich, MA, 01938
$1,300,000
5 Beds
4 Baths
2,833 SqFt
0.14 Acres
$1,300,000
20-22 Lafayette Rd
Ipswich, MA, 01938
MLS #73500699 image #0
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.

Property Details

Price:
$1,300,000
MLS #:
73500699
Status:
Active
Beds:
5
Baths:
4
Type:
Multi Family
Subtype:
4 Family
Listed Date:
Apr 13, 2026
Finished Sq Ft:
2,833
Total Sq Ft:
2,833
Lot Size:
6,047 sqft / 0.14 acres (approx)
Year Built:
1930
Units:
4

Schools

Interior

Above Grade Finished Area
2833
Bathrooms
4 Full Bathrooms
Levels
4

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship, Public School, T-Station
Construction Materials
Frame
Open Parking Spaces
5
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
5
Parking Total
5
Roof
Shingle
Stories
4

Financial

Net Operating Income
$104,040
Tax Year
2025
Taxes
$9,214
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Current real estate data for Multi Family in Ipswich as of May 04, 2026
2
Multi Family Listed
23
Avg DOM
426
Avg $ / SqFt
$1,049,500
Avg List Price

Community

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Property Summary

    20-22 Lafayette Rd Ipswich MA is a Multi Family for sale in Ipswich, MA, 01938. It is listed for $1,300,000 To schedule a showing of MLS#73500699 at 20-22 Lafayette Rd in Ipswich, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
20-22 Lafayette Rd
Ipswich, MA