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57 East Street, Ipswich MA 01938

Ipswich, MA 01938
$975,000
$974,750
Est. $5,518/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2
Beds
1.5
Baths
2,419
Sq Ft
$403
Price/Sq Ft
0.13
Acres
1909
Year Built
14
Parking
Single Family Residence
Type
321
Days on Market
For Sale Price Drop -$250 Listed Dec 6, 2025 • MLS# 73460420 Copied! • Updated Oct 24, 2026

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About this home

Take-Out Restaurant - 2-Bedroom Apartment - OUTSTANDING OPPORTUNITY: Opportunities like this rarely come to market. Here is your chance to own a Piece of Ipswich 1909 history- as a Neighborhood Bakery/Restaurant/Convenience Store/Retail - a short distance to the Ipswich River. The Second Floor is a two-bedroom, one-bath apartment with a large Living Room/dining room and a Private Entrance. The first floor is a Professional Industrial Kitchen, fully equipped for High-Volume Food Service—currently a Bakery serving lunch and dinner. Ipswich River Boat Launch and Park are moments away. The 342 sq. ft. Outbuilding was previously a bait shop and now serves as additional storage. Convenient Parking, Great Visibility, and Enormous Growth Potential. Potential to convert to 100% Residential Rentals.** TAKE-OUT RESTAURANT FOR LEASE AS WELL **

BMN Estimate

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Recently Sold Nearby

Price & Status History

Market Insights

1
Price Changes
0%
Price Range

Property Timeline

👁️
Showing Instructions Updated
Oct 24, 2026
New showing requirements
👁️
Showing Instructions Updated
Aug 23, 2026
New showing requirements
↓
Price Reduced
Jun 2, 2026
$974,750 $250 (-0.03%)
From $975,000 to $974,750 (-0.0%)
🏠
Listed for Sale
Dec 6, 2025
$975,000
Original listing
Agent: The North Shore Realty Group Office: eXp Realty

Tax History

Year Taxes Assessment
2026 $4,672 $433,350

Financial Details

Annual Property Tax
$4,672
Tax Year 2026
Assessed Value
$433,350

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1909
Living Area 2,419 sq ft
Lot Size 0.13 acres
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 8

Interior

Heating Baseboard
Cooling Window Unit(s)
Flooring None
Appliances Gas Water Heater
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof None
Features Deck, Patio, Storage
Pool None
Spa None
Fencing None
Patio/Porch Deck, Patio
Has Garage Yes
Features Detached, Storage, Paved Drive, Off Street
Total Spaces 14
Electric 220 Volts, Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $4,672
Assessed Value $433,350
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Buyer And Buyers Agent To Do Due Diligence. Buyer And Buyers Agent To Do Due Diligence. ** Take-out Restaurant For Lease As Well **
Exclusions Recipes, Recipe Book.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures Living Area includes the First Floor Retail Store/Bakery
Documents None
County Essex
Total market time (incl. prior listings) 322 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1909
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
2,419 sq ft
Total Rooms
8
Levels
Multi/Split

Floor Layout

Interior Features

Flooring:
Appliances: Gas Water Heater
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1909
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Slab

Utilities & Systems

Heating: Baseboard
Heating Zones: 2
Cooling: Window Unit(s)
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Patio, Storage
Patio & Porch: Deck, Patio
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 14
Parking Features: Detached, Storage, Paved Drive, Off Street

Special Features

View: Yes
View Type: Scenic View(s)
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Marina, Public School, T-Station, Sidewalks

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $389
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
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

57 East Street, Ipswich MA 01938

Ipswich, MA 01938

Listing Information

Listing Agent The North Shore Realty Group
Listing Office eXp Realty LLC
Office Phone 888-854-7493
Agent MLS ID TM309913
Office MLS ID AN8613
Listing Data Updated Oct 24, 2026 8:32 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
mail@steve-novak.com
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