NOT LISTED FOR SALE

1 Manning St Ipswich, MA 01938

8 Beds
7 Baths
4,945 Sq Ft
6,190 Sq Ft Lot

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

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1880
  • Buyer Agency: 2
  • Transaction Broker: 1
  • 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
  • Total Bathrooms: 7
  • Basement: Full
  • Living Area: 4945
  • Spa YN: No
  • Stories Total: 10
  • MAIN LO: AN8171
  • LIST PRICE PER Sq Ft: 283.11
  • PRICE PER Sq Ft: 247.72
  • 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 Area: 0.14
  • Lot Size Sq Ft: 6190
  • Lot Size Units: Acres
  • PAGE: 430
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8374
  • Tax Book Number: 32666

Multi Family

  • Electric Expense: 350
  • Gross Income: 84000
  • 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 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jack Brown

    Seller's Agent in 2023

    Jack Brown

    RE/MAX

    (508) 284-5098

    7 in this area

    158 Total Sales

    Jack Brown
    Section Image
  • Joseph Militello

    Seller's Agent in 2013

    Joseph Militello

    eXp Realty

    (978) 815-3877

    4 in this area

    20 Total Sales

    Joseph Militello
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73159793

MLS Property Information Network (MLS PIN)

Massachusetts Essex County Ipswich 01938

1 Manning St, Ipswich, MA

This home is located at 1 Manning St, Ipswich, MA 01938 since 15 September 2023. This property was built in 1880. 1 Manning St is a home located in Essex County with nearby schools including Ipswich High School and North Shore Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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