1 Harrys Way, Ipswich, MA 01938

Looking for an affordable rental option in a peaceful, private setting? Built in 2025, this charming 1-bedroom apartment offers comfortable, low-maintenance living with modern finishes and everything you need! The apartment features a compact, thoughtfully designed kitchen with quartz countertops, vinyl plank flooring throughout, and sliding glass doors leading to a private, sunny patio. Additional conveniences include an in-unit washer and dryer and one included parking space. All dwellings are non-smoking. Tucked away in a quiet section at the back of Rosewood, this property offers a more private residential setting surrounded by woods and conservation land. With minimal traffic and walking trails right on the property, it's a wonderful spot for those looking to enjoy a peaceful environment while still being close to everything Ipswich has to offer. Just a short drive away, you'll find Ipswich's vibrant downtown, filled with local shops, restaurants, and cafes. The MBTA Commuter Rail provides convenient service to Boston's North Station, and the property offers easy access to major routes and area employers, including EBSCO and New England Biolabs. Outdoor enthusiasts will love being close to Appleton Farms, Bradley Palmer State Park, and Willowdale State Forest, all offering beautiful trails and open space. And, of course, one of the best perks of living in Ipswich is Crane Beach! Just a short drive away, Ipswich residents are eligible for an annual resident parking permit, making it easy to enjoy one of the area's most beautiful beaches. PLEASE NOTE: This is an income-restricted affordable rental unit. To qualify, applicants must meet the affordable housing program's eligibility requirements, including having a total household income below 80% of the Area Median Income (AMI). Photos & Floor Plan: Photos and floor plan shown are of another unit with a nearly identical layout. Minor differences may exist. Minimum 1 year lease, after the initial year the lease becomes a 30 day tenancy at will. Rent includes water and sewer, exterior maintenance, landscaping and one parking spaces. Residents are responsible for electric, which includes heat and hot water. All applicants must qualify based on income, credit, housing court and references. Owner has a strict policy of no evictions/judgements. Without a housing voucher, owner looks for income to be roughly 2.5-3x the annual rent, minimal required annual income is $45k and for applicants to be able to demonstrate available funds equal to at least 2.5-3x the monthly rental rate (at least $3,750). In addition to owner screening, applicants must also be approved by the Town of Ipswich to verify compliance with affordability requirements. This approval is required initially and is conducted annually throughout the duration of residency. Current maximum household income limits at 80% AMI are as follows: 1-person household: $96,000 and 2-person household: $109,700, and 3-person: $123,400. Prior to move in residents must provide proof of electric transfer through Ipswich Utilities (deposit required) and proof of renter's insurance with minimum 250K in liability coverage. Owner is to be added on insurance policy as interested party for notification purposes. Up to 1 pet might be allowed at owner discretion - breed restrictions apply and pet agreement must be incorporated into lease. Owner looks for first and last at lease signing. Parking for 1 car included. If space is available, the owner may approve an additional vehicle for $50 a month. Available now, inquire for details.