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.
Sold for $1,250,000
$1,250,000
20-22 Lafayette Rd, Ipswich, MA 01938
5beds
2,833sqft
4 Family
Built in 1930
-- sqft lot
$-- Zestimate®
$441/sqft
$3,353 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,353/mo
Zestimate® history
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List your homeWhat's special
Updated finishesStainless steel appliancesAmple off-street parking
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
Bought with:
Alexandra Cutler
J. Barrett & Company
Source: MLS PIN,MLS#: 73500699
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: $441/sqft
- Tax assessed value: $826,400
- Annual tax amount: $9,214
- Date on market: 5/12/2026
- Total actual rent: 8670
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Sold | $1,250,000-3.8%$441/sqft |
Source: MLS PIN #73500699 Report a problem | ||
| 5/25/2026 | Pending sale | $1,300,000$459/sqft |
Source: MLS PIN #73500699 Report a problem | ||
| 5/11/2026 | Contingent | $1,300,000$459/sqft |
Source: MLS PIN #73500699 Report a problem | ||
| 5/4/2026 | Price change | $1,300,000-7.1%$459/sqft |
Source: MLS PIN #73500699 Report a problem | ||
| 4/13/2026 | Listed for sale | $1,400,000$494/sqft |
Source: MLS PIN #73500699 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 01938
Nearby homes
- $--2 bd1 ba-- sqft22 Lafayette Rd #2, Ipswich, MA 01938Off Market
- $--1 bd1 ba459 sqft22 Lafayette Rd #1R, Ipswich, MA 01938Off Market
- $1,9951 bd1 ba450 sqft20-22 Lafayette Rd UNIT 1L, Ipswich, MA 01938For Rent
- $--1 bd1 ba-- sqft20 Lafayette Rd #1, Ipswich, MA 01938Off Market
- $--2 bd1 ba950 sqft20 Lafayette Rd #2, Ipswich, MA 01938Off Market
- $2,8002 bd1 ba1k sqft20-22 Lafayette Rd #2, Ipswich, MA 01938For Rent
- $--1 bd1 ba880 sqft20-22 Lafayette Rd #3, Ipswich, MA 01938Off Market
- $--1 bd1 ba450 sqft20-22 Lafayette Rd #1R, Ipswich, MA 01938Off Market
Nearby schools
GreatSchools rating
- 6/10Winthrop SchoolGrades: PK-5Distance: 0.3 mi
- 8/10Ipswich Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10Ipswich High SchoolGrades: 9-12Distance: 0.8 mi
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- Massachusetts
- Essex County
- Ipswich
- 01938
- 20-22 Lafayette Rd
