Search / Blackstone / 612 Rathbun Street

Active · 52 days on market

$599,900

612 Rathbun Street, Blackstone, MA 01504

9 bd · 3 ba · built 1925

Listing courtesy of Engel & Volkers Oceanside, The DiSpirito Team

About this home

Exceptional investment opportunity for investors seeking long-term value and future rental growth. Well-maintained 3-family featuring three spacious 3-bed units, each approximately 1,200 sq ft, with separate utilities, in-unit laundry hookups, basement storage, parking for 8+ vehicles, and a beautiful yard. Extensive infrastructure upgrades since 2020 include complete replacement of all knob-and-tube wiring, new electrical panels in each unit, all new PEX plumbing throughout, new PVC stack, new roof, 3 new hydroelectric water heaters, insulation improvements, hardwired smoke/CO detectors, updated common areas, and significant exterior/porch code and safety improvements. The first-floor unit also features a new 96% high-efficiency gas FHA furnace and central air. Long-term tenants with below-market rents offer substantial future income upside, while the extensive system improvements provide a strong foundation for continued ownership and value growth.

Property facts

Property type
Multi Family
Year built
1925
Lot size (acres)
0.313
Total rooms
15
Garage spaces
0
Total parking
10
Annual taxes
$7,476
Tax year
2026
County
Worcester

Features

Heating
Natural Gas, Central Air, Forced Air, Space Heater
Cooling
Central Air, Partial
Basement
Full, Interior and Exterior, Unfinished, Storage Space, Utility
Appliances
Oven, Range, Electric Water Heater
Interior
Attic, Attic Stairs, Stairs, Plumbing (PEX), Insulation (Ceiling), Insulation (Walls)
Fireplace
None
Laundry
In Building, In Unit
Parking
No Garage
Construction
Shingles
Utilities
Sewer Connected, Water Connected
Community
Bus, Commuter Bus, Hospital, Private School, Recreational Facilities, Restaurants, Schools, Shopping
Exterior
Porch
Lot
Corner Lot, Fenced

Location

MLS# 1412342 · Source: State-Wide Multiple Listing Service, Inc. · Listing courtesy of Engel & Volkers Oceanside

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