612 Rathbun Street,Blackstone, MA 01504
Blackstone, MA 01504
Description
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.
Details
| MLS # | 1412342 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 149 |
| Listing Provided By | Engel & Volkers Oceanside | The DiSpirito Team |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 5,406 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | 3FAMC |
| Acreage | 0.31 |
Interior
| Rooms Total | 15 |
|---|---|
| Heating | Natural Gas, Central Air, Forced Air, Space Heater |
| Heating Yes / No | Yes |
| Cooling | Central Air, Partial |
| Cooling Yes / No | Yes |
| Appliances | Electric Water Heater, Oven/Range |
| Interior Features | Attic, Attic Stairs, Stairs, Plumbing (PEX), Insulation (Ceiling), Insulation (Walls) |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
| Fireplace Features | None |
| Laundry Features | In Building, In Unit |
Exterior
| Exterior Features | Porch |
|---|---|
| Foundation Details | Mixed, Stone |
| Lot Features | Corner Lot, Fenced |
| Patio And Porch Features | Porch |
| Community Features | Bus, Commuter Bus, Hospital, Private School, Recreational Facilities, Restaurants, Schools, Shopping |
| Construction Materials | Shingles |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | No Garage |
Utilities
| Sewer | Connected |
|---|---|
| Electric | 100 Amp Service, Circuit Breakers |
Location
| Community Features | Bus, Commuter Bus, Hospital, Private School, Recreational Facilities, Restaurants, Schools, Shopping |
|---|
Taxes
| Tax Annual Amount | 7476 |
|---|---|
| Tax Assessed Value | 507200 |
| Tax Lot | 112 |
| Tax Year | 2026 |
Area Information
| State | MA |
|---|---|
| County | Worcester |
| City | Blackstone |
| Zip Code | 01504 |
| Area | Worcester |
| Listing VS Median (in 01504) | |
Price: $599,900 low | high Med: $454,450 sqft: 5,406 low | high Med: 1,860 $ / sqft: $111 low | high Med: $247 On site: 149 low | high Med: 428 | |
Market Activity 01504
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MA |
|---|---|
| County | Worcester |
| City | Blackstone |
| Zip Code | 01504 |
| Area | Worcester |
| Listing VS Median (in 01504) | |
Price: $599,900 low | high Med: $454,450 sqft: 5,406 low | high Med: 1,860 $ / sqft: $111 low | high Med: $247 On site: 149 low | high Med: 428 | |
