20 Shepherd St Gloucester — Photo 1 of 41
$799,000
Investment Analysis — 20 Shepherd St
Gloucester, MA 01930
Based on rent reported on the MLS listing, a 3-unit multi-family in 01930 carries $4,400/mo in gross rent — about a 4.25% cap rate and $33,931/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
2,904
Style
3 Family
Built
1900
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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Laundromat • Highway Access • Public School
Geography
Listing Agent: Salvatore Dimercurio
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73561763
