Fantastic investment opportunity in sought-after Ipswich! This 3-family property offers incredible potential for investors, owner-occupants, or anyone looking to build sweat equity in a prime location. Units 1 and 2 feature similar layouts with a living room with hardwood floors, kitchen with ample cabinet space, one bedroom, and a full bath. Unit 3 provides even more space with 5 bedrooms, a living room, kitchen, and full bath. With off-street parking, a covered front porch, and strong upside potential, this property is ready for your vision and updates to truly shine. Great opportunity to add value in a desirable community close to downtown, commuter routes, shopping, and more!
This home has been viewed 7 times
Last Checked: June 19th, 2026 at 9:53am (Source: MLS PIN #73524894)
Gross Income: $27,600
Gross Expenses: $8,617
Net Income Calc: $18,983
Water Views
Annual Expenses for 11 Mount Pleasant Avenue, Ipswich MA 01938
Total Gross Expenses (Calculated)$8,617/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8617
Annual Income & Unit Breakdown for 11 Mount Pleasant Avenue, Ipswich MA 01938
Total Gross Income (Calculated)$27,600
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms5
Bathrooms1 Full
Floor1
Levels in Unit2
Rent IncludesHeat
General Information for 11 Mount Pleasant Avenue, Ipswich MA 01938
Listing ID73524894
Property TypeMulti Family / 3 Family
Price749900 ($245.71/SqFt)
Style3 Family - 3 Units Up/down
CityIpswich
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total3052
Approximate Lot Size (Acres)0.14
Total Parking2
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area0
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningIR
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 11 Mount Pleasant Avenue, Ipswich MA 01938
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsChicken Run
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 11 Mount Pleasant Avenue, Ipswich MA 01938
Real Estate Taxes8617
Tax Year2025
Assessed Value$772,800
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 11 Mount Pleasant Avenue, Ipswich MA 01938
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 11 Mount Pleasant Avenue, Ipswich MA 01938