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Property profile

0 Main St Hardwick, MA 01031

OFF-MARKET
Apartment buildings
5,256 SF 0.36 ac lot Built 1912
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Property summary

AI-generated overview

This exceptional three-story apartment building, situated on a 0.36-acre lot at Main St, Hardwick, MA 01031, presents a compelling investment opportunity. Built in 1912 and extensively renovated in 2019, the property boasts 5,256 square feet and comprises four units, each commanding a price of $200,000. The building currently generates a substantial monthly rental income of $7,500, thanks to four long-term tenants. The property is zoned GV and offers twelve bedrooms and four and a half bathrooms. The asking price for this multifamily property is $800,000, translating to a price per square foot of $152.21. Its prime location in Worcester County, Massachusetts, provides excellent access to local amenities and transportation. The potential for conversion into individual condo units adds further value and investment potential. This property represents a rare chance to acquire a well-maintained, income-generating asset in a desirable location. The extensive 2019 renovations ensure the building is in excellent condition and ready for immediate occupancy. This is an ideal investment for those seeking a strong return on investment in the Massachusetts real estate market.

Property profile

Verified
Property type Apartment buildings
Year built 1912
Total area 5,256 SF
Lot 0.36 ac (15,682 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St Hardwick, MA 01031
Hardwick metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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