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$799,000
Total Beds: 6 Total Baths: 3
Total Units: 3 SQFT: 2904
LOT size: 0.11 Acres
20 Shepherd St
Gloucester, MA 01930
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Property Description

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.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Park, Public School, Public Transportation, Shopping, T-Station
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Range, Refrigerator, Washer & Dryer Hookup
  • Common Heating: Electric, Forced Air, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 28800
  • Net Operating Income: 28800

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 3

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73561763
  • Last Updated: 09/04/26

Mortgage Calculator

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Map

Seller's Representative: Salvatore DiMercurio, Keller Williams Realty Evolution
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-09-04 16:22:00

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