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!
| Units | 3 |
| Living area | 3,052 sqft |
| Lot size | 6,000 sqft |
| Year built | 1900 |
| Price / sqft | $254 |
| County | Essex |
| MLS # | 73524894 |
| Days on market | 9 days |
| Listed on | May 27, 2026 |
| Annual property tax | $8,617 |
| Tax year | 2025 |
| Assessed value | $772,800 |
| Zoning | IR |
| Gross income (actual) | $27,600/yr |
| Net operating income (actual) | $27,600/yr |
| Total actual rent | $2,300/mo |
| Stories | 4 |
| Total rooms | 13 |
| Lot size | 0.14 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Off Street, Unpaved |
| Basement | Walk-Out Access, Interior Entry, Dirt Floor, Concrete, Unfinished |
| Foundation | Stone, Brick/Mortar |
| Roof | Shingle |
| Construction | Conventional (2x4-2x6) |
| Flooring | Carpet, Hardwood |
| Heating | Baseboard, Oil |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Refrigerator, Dishwasher |
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Listing courtesy of Lamacchia Realty, Inc. — Paul Coleman. Listing data © MLS PIN.
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It is a 3-unit multi-family property with 3,052 sqft of living area, built in 1900.
11 Mount Pleasant Avenue, Ipswich MA 01938 has been listed for 9 days (since May 27, 2026).
At a list price of $775,000 across 3 units, that works out to roughly $258,333 per unit.
Annual property taxes are $8,617 (2025), on an assessed value of $772,800.
At $775,000 for 3,052 sqft, that's about $254 per square foot.
2 total parking spaces (off street, unpaved).
11 Mount Pleasant Avenue, Ipswich MA 01938 is in Ipswich, Essex County, MA 01938.