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. Currently configured as a single-family residence with two additional in-law areas, including one currently income-producing and a second that is vacant and ready for occupancy. 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 buyer due diligence and all required municipal approvals. 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. Additional photos of the occupied in-law area and areas not shown in the listing are available upon request. Select listing photos have been virtually staged to remove personal items and clutter. A rare property offering historic character, substantial space, income potential and a highly versatile layout!