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$799,999
Total Beds: 9 Total Baths: 4
Total Units: 3 SQFT: 5912
LOT size: 1.99 Acres
24 Fellows Rd
Ipswich, MA 01938

Property Description

INVESTOR/DEVELOPER Unique opportunity to own a multi-unit property on exceptional picturesque Ipswich street central to downtown and surrounding towns. Sprawling side by side 3-unit home full of character and potential. 2 acres perfect for new house lot, condos or multifamily improvement. Title 5 approval available ,natural gas utilities and separate electric meters, newer heat and hot water units. One oversized unit was formerly 2 units and provides ample space for 2 units. Two additional side by side 2 flr units with open concept first floors and tons of antique charm. Serene outdoor space with more than enough parking and separate yards.Beaches, trains, shopping, trails and highways nearby. Easy to show.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 5
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Medical Facility, Park, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Crawl, Full, Garage Access, Mixed, Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 36000
  • Net Operating Income: 36000

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Electric Info: 100 Amps, Other (See Remarks)
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: On-Site, Private Sewerage

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Other Rooms: Kitchen, Laundry, Living Room
  • Appliances: Range, Refrigerator
  • Interior Features: Bathroom With Tub & Shower
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Other Rooms: Kitchen, Laundry, Living Room
  • Appliances: Range, Refrigerator
  • Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators
  • Levels: 2

Unit 3 Description

  • Floors: 1
  • Other Rooms: Dining Room, Family Room, Kitchen, Laundry, Living RM/Dining RM Combo, Living Room, Mudroom, Office/Den
  • Appliances: Range, Refrigerator
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Irregular
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes

Other Information

  • MLS ID# 73021917
  • Last Updated: 08/16/22
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Michael McNiff, Coldwell Banker Realty - Beverly

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2022-08-16 09:19:00

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