
17 Summit Rd Hardwick — Photo 1 of 34
$399,900
Investment Analysis — 17 Summit Rd
Hardwick, MA 01031 — Gilbertville
Based on rent reported on the MLS listing, a 3-unit multi-family in 01031 carries $4,500/mo in gross rent — about a 9.26% cap rate and $37,047/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
3,274
Style
3 Family - 3 Units Up/Down
Built
1850
A unique opportunity in the heart of Gilbertville! This spacious historic Colonial offers over 3,200 sq. ft. of living space with 15 rooms, 6 bedrooms and 3 full baths, offering exceptional space and flexibility. Previously configured as a three-family property, the home retains much of its former multi-unit layout and may offer potential for conversion back to a three-family, subject to all required municipal approvals. The first floor is currently owner-occupied, the second floor is occupied and is the only floor presently generating rental income, and the third floor is vacant. Projected rents of approximately $1,500/month per unit are estimates intended to represent conservative potential rents and are not current rents. Features include multiple living and kitchen areas, hardwood flooring, a wood/pellet stove, oil-fired hot water radiator heat, an attached garage, porch and balcony, town water and town sewer, plus ample off-street parking on a 0.41-acre lot. Any multi-family use and rental projections are subject to Town of Hardwick approval. Buyer/buyer’s agent to perform all due diligence regarding permitted use, zoning, occupancy and rental potential. Additional photos of the occupied areas are available upon request. Select listing photos have been virtually staged to remove personal items and clutter. Property is also listed as a single-family residence. A rare opportunity offering historic character, substantial space, income potential and a highly versatile layout!
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.
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$399,900
Aug 19, 2026
MLS® 73565791
$399,900
Aug 19, 2026
MLS® 73565774
Listing Agent: Damien Dumont
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73565791
