218 Boston Street, Topsfield MA 01983
Topsfield, MA 01983
$299,000
Est. $2,161/month
About this home
Rare opportunity to acquire four office condominiums offered as a package in a well-maintained 20-unit professional building on busy Route 1 near the Topsfield Fairgrounds. Three units are currently occupied by TAW businesses, providing immediate income, while one vacant unit offers flexibility for an owner-user or additional rental potential. Each unit features central AC, a private half bath, with two units also offering kitchenettes, and all utilities are separately metered. The property benefits from a recently paved parking lot with ample on-site parking for tenants and clients. Unique value-add potential: three adjacent units can be combined to create a larger 1,950+ SF contiguous space. Ideal for investors or business owners seeking visibility, income, and future flexibility in a high-traffic location. Cannot be used for retail or residential.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jun 12, 2026
Active → Active Under Contract
Pending Sale
Jun 7, 2026
Offer accepted, sale pending
Back On Market
May 27, 2026
Active
Status: Active under contract
May 26, 2026
Active → Active Under Contract
Listed for Sale
Mar 23, 2026
$299,000
Original listing
Agent: Jim Armstrong
Office: Aluxety
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/12/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/07/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/27/2026 | • Back On Market | - | - | - | Active |
| 05/26/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 03/23/2026 | 🏠 Listed for Sale | $299,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $5,395 | — |
Financial Details
Annual Property Tax
$5,395
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1987
Lot Size
1.05 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Private Sewer
Financial
Annual Tax
$5,395
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Being Sold With Current Tenants In Place. Condo Fee Is $300/unit. Cannot Be Used For Retail Or Residential Space. See Condo Docs For More Restrictions.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
Commercial Sale
Year Built
1987
Room Details
Other Floor
Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1987
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Masconomet School District local
School Safety
2024-25
0.6%
Low
0.6%
Suspensions
1.0%
In-School
4.9% below state avg
Elementary Schools
3 schools
B+
Proctor Elementary School
0.7 mi
|
#294 of 824
|
Score: 51.0
Improved 59 spots from last year
-7.3 below state avg
251 students
Less Diverse
Rising School
Strong Attendance
Grades 04-06
A
Steward Elementary School
1.6 mi
|
#131 of 824
|
Score: 57.6
Improved 214 spots from last year
-0.7 below state avg
347 students
Less Diverse
Rising School
Strong Attendance
Grades PK-03
B+
Ivan G Smith School
3.1 mi
|
#333 of 824
|
Score: 49.7
Improved 40 spots from last year
-8.5 below state avg
389 students
Moderate
Rising School
Strong Attendance
Grades K-05
Middle Schools
3 schools
A-
Masconomet Regional Middle School
1.6 mi
|
#89 of 352
|
Score: 50.9
Dropped 7 spots from last year
-7.3 below state avg
553 students
Less Diverse
Grades 07-08
B-
Holten Richmond Middle School
4.5 mi
|
#183 of 352
|
Score: 42.0
Dropped 12 spots from last year
-16.2 below state avg
745 students
Moderate
Grades 06-08
A
Miles River Middle School
5.0 mi
|
#63 of 352
|
Score: 54.5
Dropped 37 spots from last year
-3.7 below state avg
391 students
Less Diverse
Strong Attendance
Grades 06-08
High Schools
3 schools
A
Masconomet Regional High School
1.6 mi
|
#55 of 346
|
Score: 66.5
Improved 84 spots from last year
+8.3 above state avg
924 students
Less Diverse
19 sports
• 1,888 athletes
Strong AP Program
High Graduation Rate
Rising School
Strong Athletics
Grades 09-12
A-
Essex North Shore Agricultural and Technical School
3.2 mi
|
#76 of 346
|
Score: 63.1
Improved 23 spots from last year
+4.9 above state avg
1,830 students
Moderate
Strong AP Program
Early College Program
High Graduation Rate
Rising School
Grades 09-12
Pingree School
3.3 mi
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$450
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
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Rate Impact
-0.5% Rate
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Current Rate
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+0.5% Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
218 Boston Street, Topsfield MA 01983
Topsfield, MA 01983
Listing Information
Listing Agent
Jim Armstrong
Listing Office
Aluxety
Office Phone
800-806-3212
Agent MLS ID
C0001457
Office MLS ID
AN8387
Listing Data Updated
Jun 26, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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