Gutted down to the studs in 2007-2008, this 2 family is a rare find with updated, separately metered electrical, plumbing & 2 recently replaced gas boilers! Both units are bright & sunny with washer/dryer hookups & separate parking areas. Unit 1 is great for single level living, with a spacious layout & dedicated front porch, ideal for sipping iced tea on lazy summer days. Unit 2 has a large, private attic storage space, separate driveway & entry. A grassy yard is accessible to both units for gardening, playing children, pets or outdoor entertaining! Conveniently located close to Train, Schools, Cranes Beach, Ebsco, New England Biolabs and all that Downtown Ipswich has to offer! This property is a desirable home for any owner occupant looking to offset the cost of a mortgage or investor looking to add rental properties to their portfolio! ALSO, Unit 1 was Lead tested, De-leaded & Certified! Showings begin at 1st Open House, Sat 11/30 & Sun 12/1 11-12:30pm. Offers due Monday, 12/2 5pm.
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Last Updated: December 7th, 2024 at 8:58am
Walk/jog Trails
Conservation Area
Highway Access
House Of Worship
Public School
Shopping
Golf
Park
Medical Facility
Laundromat
Bike Path
Public Transportation
T-station
Pool
Tennis Court(s)
Stable(s)
Marina
General Information for 4 Mineral St, Ipswich, Massachusetts 01938
Property TypeResidential Income
Property Sub TypeMulti Family
Price$675,000
Price per sqft$306.26
MLS #73315470
Handicap Access / FeaturesNo
List Date2024-11-25
Special Listing Conditions
StateMassachusetts
Street NameMineral St
CityIpswich
Zip Code01938
CountyEssex
MLS Status
Covered Parking Spaces0
Heating Y/NYes
Heating System
Heat Zones2
Sold Date13/01/2025
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total2204
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress4 Mineral St, Ipswich MA 01938
Zoning
Interior Features for 4 Mineral St, Ipswich, Massachusetts 01938
* Approx. Living Area Total2,204 sq ft
Living Area Includes BasementNo
Bedrooms4
* # Fireplaces0
Bathrooms (Total)2
Full Baths2
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area DisclosureOnly unit 1 is Lead Certified. Unit 2 Lead Paint s
Living Area Includes BasementNo
Door FeaturesInsulated Doors
ElectricYes
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_12
MLSPIN_BEDRMS_22
MLSPIN_BEDRMS_3
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_3
MLSPIN_F_BTHS_4
MLSPIN_GRE$9,360
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3
MLSPIN_H_BTHS_4
OffMarketDate06/12/2024
Exterior Features for 4 Mineral St, Ipswich, Massachusetts 01938
* Approximate Lot Size0.13 acres
Covered Parking Spaces0
Lot FeaturesLevel
* Parking Spaces4
* Sewer Utilities
* Water Utilities
* Year Built1905
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area806
Foundation MaterialsStone
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)5,520 Sqft
Disclosures for 4 Mineral St, Ipswich, Massachusetts 01938
Buyer Agent Compensation
ContingencyPending P&S
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintCertified Treated
Living Area DisclosureOnly unit 1 is Lead Certified. Unit 2 Lead Paint s
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 4 Mineral St, Ipswich, Massachusetts 01938
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data SourceOwner
Gross Income$44,400
Insurance Expense$7,980
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_3
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT12100
MLSPIN_RENT21600
MLSPIN_RENT3
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$840
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$35,040
OperatingExpense$9,360
OriginalListPrice$675,000
RENT_FEE_INCLUDESOther (see Remarks)), Unit 1(water, Unit 2(water
TOTAL_RENT3700
WaterSewerExpense$540
Lifestyle Information for 4 Mineral St, Ipswich, Massachusetts 01938