Open 11-1pm Sat 6/27 & Sun 6/28 Renovated, income producing, 2 family home with ideal tenants & location! Presenting a unique opportunity for or investment, multi-generational living, or single family conversion. The property spans three distinct stories, providing a versatile layout that can be adapted to various living arrangements. First floor, complete with farmers porch has 2 bedrooms, (the 2nd bedroom is currently used as a living room), & offers a dining room open to the white and bright kitchen. Second floor is made up of a kitchen, dining room, living room, bedroom & bathroom, with 2 additional bedrooms & a family room on the 3rd floor, & enjoys a new composite deck overlooking the common yard. Each unit has gleaming hardwood floors, lots of natural light, their own laundry, high ceilings, the character and charm of it's era! Further enhancing the property's appeal are 2 detached, open garage spaces, & convenient in town location close to A+ H/W schools, train, shops, & parks.
This home has been viewed 5 times
Last Checked: June 27th, 2026 at 9:38am (Source: MLS PIN #73542462)
Gross Income: $74,400
Gross Expenses: $22,383
Net Income Calc: $52,017
Water Views
Annual Expenses for 191 Bay Rd, Hamilton MA 01982
Total Gross Expenses (Calculated)$22,383/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11019
Annual Income & Unit Breakdown for 191 Bay Rd, Hamilton MA 01982
Total Gross Income (Calculated)$74,400
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 191 Bay Rd, Hamilton MA 01982
Listing ID73542462
Property TypeMulti Family
Price899000 ($531.32/SqFt)
StyleMulti Family
CityHamilton
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total1692
Approximate Lot Size (Acres)0.57
Total Parking8 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPrivate Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR1A
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 191 Bay Rd, Hamilton MA 01982
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5D
ExclusionsFireplace Mantel In Living Room Is Excluded.
Financial Data SourceEstimated
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 191 Bay Rd, Hamilton MA 01982
Real Estate Taxes11019
Tax Year2025
Assessed Value$704,100
Financial Data SourceEstimated
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 191 Bay Rd, Hamilton MA 01982
Elementary SchoolHamilton/Wenham
Middle SchoolHamilton/Wenham
High SchoolHamilton/Wenham
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 191 Bay Rd, Hamilton MA 01982