Search / Blackstone / 612 Rathbun Street
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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



