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20 Shepherd St, Gloucester MA 01930

$799,000

Estimated $1,812/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $266,333.33

Total Rent: 52800/year

Estimated CAP Rate:

6 Bedrooms

Baths

2904

Total Parking: 5

4,750 (0.11)

Well-maintained three-family property offering an excellent investment or owner-occupant opportunity in desirable Gloucester. All three units feature two bedrooms and one full bath, providing functional layouts with strong rental appeal. Driveway offers off-street parking for multiple vehicles. Current rents are below market value, presenting excellent potential for increased cash flow. Conveniently located near downtown Gloucester, shopping, restaurants, beaches, the waterfront, Route 128, and the MBTA commuter rail. A fantastic opportunity to own a well-kept, income-producing property with room for future growth.

This home has been viewed 7 times

Last Checked: September 24th, 2026 at 4:43am (Source: MLS PIN #73561763)

Gross Income: $52,800

Gross Expenses: $6,197

Net Income Calc: $46,603

Annual Expenses for 20 Shepherd St, Gloucester MA 01930

Total Gross Expenses (Calculated)$6,197/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6197

Annual Income & Unit Breakdown for 20 Shepherd St, Gloucester MA 01930

Total Gross Income (Calculated)$52,800

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit3

Rent IncludesHeat

General Information for 20 Shepherd St, Gloucester MA 01930

Listing ID73561763

Property TypeMulti Family / 3 Family

Price799000 ($275.14/SqFt)

Style3 Family

CityGloucester

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2904

Approximate Lot Size (Acres)0.11

Total Parking5

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR-5

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 20 Shepherd St, Gloucester MA 01930

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRequest Details

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 20 Shepherd St, Gloucester MA 01930

Real Estate Taxes6197

Tax Year2026

Assessed Value$665,600

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 20 Shepherd St, Gloucester MA 01930

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 20 Shepherd St, Gloucester MA 01930

Agent

Name: Salvatore DiMercurio

Office

Name: Keller Williams Realty Evolution

Phone: 978-927-8700

Team Members

Payment Calculator

, Interest

Property Taxes 516.42

Principal & Interest 4923.18

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

Salvatore DiMercurio

Agent Phone

Office Phone

(978) 927-8700

Text Agent Call Agent Call Office

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    [unparsed] => 20 Shepherd St, Gloucester MA 01930
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EXIT

38 More Photos

Pending

20 Shepherd St, Gloucester MA 01930

$799,000

Annual Expenses for 20 Shepherd St, Gloucester MA 01930

Annual Income & Unit Breakdown for 20 Shepherd St, Gloucester MA 01930

General Information for 20 Shepherd St, Gloucester MA 01930

Disclosures for 20 Shepherd St, Gloucester MA 01930

Financial Information for 20 Shepherd St, Gloucester MA 01930

Location Information for 20 Shepherd St, Gloucester MA 01930

Contact Information for 20 Shepherd St, Gloucester MA 01930

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty Evolution

Salvatore DiMercurio