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Listing Details

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Listing courtesy of Stephen Martin of Lux Realty North Shore.

Description

*INVESTMENT OPPORTUNITY* Attn: Real Estate Investors, Developers & Savvy Business Owners. Here's your chance to purchase a mixed-use building in excellent downtown Ipswich location w potential to add additional unit(s) w/ town approval. Property consists of a 4 bed townhome (currently rented for $2,375); a commercial retail space which is currently being rented by "Super Subs" sandwich shop (also owned & operated by property owner & currently being rented for $1,500), this is a well-known sub shop in downtown Ipswich. Both units are currently TAW. Sandwich shop is also for sale or if you have your own or want to start your own business that's an option as well. Property is located in the interior central business district of downtown Ipswich w/ lots of parking & includes 12 deeded parking spaces. This is an amazing opportunity for someone w/ vision to develop this property. Property sits about .3 miles to the Ipswich Commuter Rail Train Station & about 5 miles to beautiful Crane Beach

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The property listing data and information 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 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 set forth herein. Data last updated 2021-09-20T22:08:36.847.
www.conwaycityside.com/homes/119223894
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5 Wildes Ct Ipswich, MA 01938

  • Price: $779,000
  • Status: Active
  • Updated: 48 min ago
  • MLS #: 72864093
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Beds
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Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Other
County:
Essex
Area:
Other
Property Description
*INVESTMENT OPPORTUNITY* Attn: Real Estate Investors, Developers & Savvy Business Owners. Here's your chance to purchase a mixed-use building in excellent downtown Ipswich location w potential to add additional unit(s) w/ town approval. Property consists of a 4 bed townhome (currently rented for $2,375); a commercial retail space which is currently being rented by "Super Subs" sandwich shop (also owned & operated by property owner & currently being rented for $1,500), this is a well-known sub shop in downtown Ipswich. Both units are currently TAW. Sandwich shop is also for sale or if you have your own or want to start your own business that's an option as well. Property is located in the interior central business district of downtown Ipswich w/ lots of parking & includes 12 deeded parking spaces. This is an amazing opportunity for someone w/ vision to develop this property. Property sits about .3 miles to the Ipswich Commuter Rail Train Station & about 5 miles to beautiful Crane Beach
Exterior Features

Location DowntownUrbanFree StandingPublic TransportationCentral Business DistrictInterior Lot Parking Features DetachedOpen11-20 SpacesImproved Driveway Parking Spaces 12 Stories 2

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 1300.00 Rsf Building Sq Ft 1800.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 158400.00 Assessed Value Land 144700.00 Assessed Value Total 303000.00 Commercial Industrial Type Mixed Use Disclosure No Exchange No Gross Annual Income 46500.00 Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E Yes Reu Units 1 Rsu Units 1 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2021 Taxes 4007.00 Utilities Public Water Wau Units 0 Year Built Source Pr Zone Description Other (See Remarks) Zoning Cb

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Stephen Martin of Lux Realty North Shore.


The property listing data and information 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 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 set forth herein. Data last updated 2021-09-20T22:08:36.847.
 
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Conway Cityside
317 Washington Street
Brighton MA, 02135
Listing courtesy of Stephen Martin of Lux Realty North Shore.