Active
173 Days on market
218 Boston Street #multiple Topsfield — Photo 1 of 10

218 Boston Street #multiple Topsfield — Photo 1 of 10

Recent Drop: $24,000

$299,000
$275,000

$275,000

218 Boston Street #multiple, Topsfield, MA 01983

Topsfield, MA 01983

Investor Analysis

Beds

--

Baths

--

SqFt

--

Style

Other

Built

1987

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, 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. New roof and septic. 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. 3 tenants have leases until May 2027.

Property Details

Financials

Original Price$299,000
Annual Taxes$5,394.87

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
Roof--
Foundation--
ZoningBH

Property & Lot

Acres1.05
SqFt Lot45,738
Lot Features--

Geography

Property History

Price Drop
$275,000

Was $299,000

Aug 19, 2026

MLS® 73490197

Listed
$299,000

Mar 23, 2026

MLS® 73490197

Population

6,564

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$196K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

9.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Jim Armstrong

Listing Office: Aluxety

MLS® Number: 73490197

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