NOT LISTED FOR SALE

1 Manning St Ipswich, MA 01938

8 Beds
7 Baths
4,945 Sq Ft
6,098 Sq Ft

Last Sold November 01, 2023

Last sale price $1,225,000 $248 Per Sq Ft

17 Days on Market

About This Home

As of November 2023

Great Investment Opportunity! One Manning Street offers 6 units: 4 one bedroom/one bath units, 1 two bedroom/one bath unit and 1 two bedroom/two bath unit. With a Walk Score® of 88, "Very Walkable", this property has convenient access to the heart of Ipswich--shops, restaurants, the commuter rail to Boston--and is only a short drive to the famous Crane Beach! Pictures are prior to occupancy. There are no pictures of unit #1 and #6. Current rents are below market value. Group showings will be held on Saturday, September 30th from 10-11am.

Last Agent to Sell the Property

Jack Brown

RE/MAX Beacon Listed on: 09/15/2023

RE/MAX Beacon

Last Buyer's Agent

Jack Brown

RE/MAX Beacon Listed on: 09/15/2023

RE/MAX Beacon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,374

Year Built

  • Built in 1880

Lot Details

  • 6,190 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,945 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Listing and Financial Details

  • Total Actual Rent $10,000
  • Assessor Parcel Number M:42A B:0257 L:0,1956697

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Electric Expense $350
  • Insurance Expense $5,400
  • Water Sewer Expense $3,000
  • Operating Expense $9,750
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,374

Year Built

Built in 1880

Lot Details

6,190 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1880
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 10

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Basement: Full
  • Living Area: 4945
  • Spa YN: No
  • Stories Total: 10
  • MAIN LO: AN8171
  • MAIN SO: AN8171

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3000

Lot Info

  • Parcel Number: M:42A B:0257 L:0,1956697
  • Zoning: CB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6190
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8374

Multi Family

  • Electric Expense: 350
  • Insurance Expense: 5400
  • Net Operating Income: 84000
  • Number Of Units Total: 6
  • Operating Expense: 9750
  • Total Actual Rent: 10000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2023 11/01/23 Sold $1,225,000 -12.5% $248 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $1,400,000 +125.8% $283 / Sq Ft
07/19/2013 07/19/13 Sold $620,000 -8.1% $125 / Sq Ft View Prior Sale
06/19/2013 06/19/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $675,000 -- $137 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,601 $1,130,100 $308,600 $821,500
2024 $9,394 $825,500 $307,300 $518,200
2023 $8,374 $684,700 $258,800 $425,900
2022 $8,488 $660,000 $252,300 $407,700
2021 $8,704 $658,400 $250,700 $407,700
2020 $8,141 $580,700 $252,300 $328,400
2019 $7,556 $536,300 $244,200 $292,100
2018 $7,499 $526,600 $234,500 $292,100
2017 $7,358 $518,500 $226,400 $292,100
2016 $7,076 $476,500 $213,500 $263,000
2015 $6,148 $455,100 $208,600 $246,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73159793

MLS Property Information Network (MLS PIN)
Your Personal Tour Guide

Ask me questions while you tour the home.