Multi-Family $ 699,900

612 Rathbun ST

Blackstone, MA 01504

  • 9 Beds
  • 3 Baths
    Full Baths: 3
  • 5,406 SqFt
  • 0.31 Lot Size
  • 1925 Year Built
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.
Listed by Engel & Volkers Oceanside

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 5, 406 sqft

    Price per Sqft $129

    MLS Listing ID 1412342

    Style Stacked

    Bedrooms 9

    Full Baths 3

    HOA Y/N No

    Abv Grd Liv Area 5,406

    Year Built 1925

    Annual Tax Amount $7,476

    Tax Year 2026

    Lot Size 0.313 Acres

    Acres 0.3129

    Property Sub-Type Multi Family

  • Location

    State MA

    County Worcester

    Zoning 3FAMC

  • Rooms

    Basement Exterior Entry, Full, Interior Entry, Unfinished

  • Building

    Lot Description Corner Lot

    Foundation Combination, Stone

    Sewer Connected

    Water Connected

    Architectural Style Stacked

    Structure Type Shingle Siding

    New Construction No

  • Interior

    Interior Features Attic, Bathtub, Interior Steps, Permanent Attic Stairs, Stall Shower, Tub Shower

    Heating Forced Air, Gas, Space Heater

    Cooling Partial, Central Air

    Flooring Hardwood, Vinyl

    Fireplaces Type None

    Inclusions Refrigerators, In-Unit Washers & Dryers belong to the tenants.

    Fireplace No

    Appliance Electric Water Heater, Oven, Range, Water Heater

    Laundry Common Area, In Unit

  • Exterior

    Exterior Feature Porch

    Fence Fenced

    Community Features Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

    Utilities Available Sewer Connected

    Porch Porch

    Total Parking Spaces 10

    Garage No

  • Others

    Senior Community No

    Tax ID 612RATHBUNSTBLCK

    Virtual Tour https://tour.RiLiving.com/612-Rathbun-Street-Blackstone-MA-01504

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