Active
89 Days on market
125 Ipswich Rd Topsfield — Photo 1 of 25

125 Ipswich Rd Topsfield — Photo 1 of 25

$675,000

Investment Analysis — 125 Ipswich Rd

Topsfield, MA 01983

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01983 carries an estimated $2,040/mo in gross rent — about a 1.55% cap rate and $10,494/yr in estimated NOI at the $675,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

1

SqFt

2,184

Style

Single Family

Built

1977

CONVERT PROFESSIONAL OFFICE INTO A SINGLE FAMILY HOME. 2,184 SF two-story professional office building for sale in Topsfield. Conveniently located near RT1. Currently owner-occupied as a chiropractic and physical therapy clinic, this property lies in the RESIDENTIAL zone may be converted to a single family home. Preliminary discussions with the town suggest feasibility to add a garage or more living space and possibly an ADU unit. Buyer to possibly exchange/mitigate a portion of the large paved parking lot in exchange for the ability to expand. See MLS #73536256 for professional office space details.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,184 sq ft principal dwelling). Lot size: 76,230 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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 MLS and other third-party data may be inaccurate or out of date.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$675,000
Annual Taxes$8,111

Parking

Garage0
Off-Street15

Interior Specifications

Total Rooms8
FireplacesNone
FlooringVinyl, Carpet
BasementNone

Climate & Utilities

HeatingCentral
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningIRA

Property & Lot

Acres1.75
SqFt Lot76,230
Lot FeaturesFlood Plain, Level

Amenities & Appliances

Water Heater

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Property History

Listed
$675,000

Jun 15, 2026

MLS® 73536261

Listed
$675,000

Jun 4, 2026

MLS® 73536256

Listing Provided By

Listing Agent: Barry Mitchell

Listing Office: Coldwell Banker Realty

MLS® Number: 73536261