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15 Shepherd St, Gloucester MA 01930

$619,900

Estimated $1,361/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $309,950

Total Rent: 0/year

Estimated CAP Rate:

4 Bedrooms

Baths

1405

Total Parking: 1

1,440 (0.03)

First showing @ Open House on Thurs June 11, 5:30–7:00 PM. Excellent opportunity for both investors and owner-occupants! This beautifully renovated two-family home is located just moments from downtown Gloucester. Recent updates include a new roof, replacement windows, and upgraded heating systems. Unit 1 has been completely renovated with brand-new kitchen & bathroom, while Unit 2 has also been tastefully updated. The property features separate heating systems, hot water, and updated electrical utilities for each unit. A recently installed fire alarm system provides added peace of mind. Conveniently located within walking distance of Gloucester's vibrant restaurants, shops, harbor, and train station.Both units are currently vacant, offering immediate rental income potential or flexibility for owner occupancy.Don't miss this turnkey investment opportunity in a prime Gloucester location!

This home has been viewed 30 times

Last Checked: June 11th, 2026 at 5:23am (Source: MLS PIN #73531280)

Gross Income: $0

Gross Expenses: $4,273

Net Income Calc: $4,273

Water Views

Annual Expenses for 15 Shepherd St, Gloucester MA 01930

Total Gross Expenses (Calculated)$4,273/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4273

Annual Income & Unit Breakdown for 15 Shepherd St, Gloucester MA 01930

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor0

Levels in Unit0

Rent Includes

General Information for 15 Shepherd St, Gloucester MA 01930

Listing ID73531280

Property TypeMulti Family

Price619900 ($441.21/SqFt)

StyleMulti Family

CityGloucester

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total1405

Approximate Lot Size (Acres)0.03

Total Parking1

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR-5

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 15 Shepherd St, Gloucester MA 01930

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsFurniture

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 15 Shepherd St, Gloucester MA 01930

Real Estate Taxes4273

Tax Year2026

Assessed Value$459,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 15 Shepherd St, Gloucester MA 01930

Neighborhood(s)Ipswich

Area Amenities

Contact Information for 15 Shepherd St, Gloucester MA 01930

Agent

Name: Stephen Curcuru

Office

Name: MP Realty Group

Phone: 781-813-3325

Team Members

Payment Calculator

, Interest

Property Taxes 356.08

Principal & Interest 3819.63

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

MP Realty Group

Stephen Curcuru

Agent Phone

Office Phone

(781) 813-3325

Text Agent Call Agent Call Office

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EXIT

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