Active
82 Days on market
8-10 Hammatt St Ipswich — Photo 1 of 40

8-10 Hammatt St Ipswich — Photo 1 of 40

Recent Drop: $101,000

$1,325,000
$1,224,000

$1,224,000

Investment Analysis — 8-10 Hammatt St

Ipswich, MA 01938

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01938 carries an estimated $6,160/mo in gross rent — about a 4.20% cap rate and $51,393/yr in estimated NOI at the $1,224,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

5

SqFt

3,362

Style

Multi Family

Built

1857

SELLER OFFERING UP TO $10K TOWARD RATE BUYDOWN OR CLOSING COST CREDITS! Check out this freshly renovated 2 family home, townhouse style units in the heart of Ipswich! Both units offer on first floor, gleaming hardwood , bright open living and dining area, and the brand new kitchen boasting quartz counters, stainless steel appliances and gold hardware creating an elevated vibe. A convenient half bath is tucked away by the rear entrance. The second floor offers two large bedrooms with large closets and brand new carpet, laundry hookups, and a jack-and-jill bathroom complete with stylish double vanity and tiled shower. A spacious third floor primary suite enjoys its own large closet and private three-quarter bath. The exterior offers dedicated off-street parking for four cars and exclusive yard space. Everything has been done - the windows, roof, vinyl siding, wiring, plumbing and heat pumps/mini-splits are ALL NEW! Great location, with Depot Square, Market Street, and the commuter rail station just around the corner. Great investment opportunity!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,325,000
Annual Taxes$4,786

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms12
FireplacesNone
FlooringTile, Carpet, Hardwood
BasementFull, Sump Pump, Concrete

Climate & Utilities

HeatingDuctless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone, Brick/Mortar, Granite
ZoningCB

Property & Lot

Acres0.13
SqFt Lot5,676
Lot FeaturesLevel

Amenities & Appliances

Range • Dishwasher • Microwave

Geography

Property History

Price Drop
$1,224,000

Was $1,325,000

Jul 6, 2026

MLS® 73539814

Listed
$1,325,000

Jun 22, 2026

MLS® 73539814

Listing Provided By

Listing Agent: Jennifer Lamoureux

Listing Office: Moor Realty Group

MLS® Number: 73539814