$699,900

612 Rathbun Street, Blackstone, MA 01504

  • 9 beds |
  • 3 baths |
  • 5,406 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $129/sqft
  • Property List Date Icon Listed 1 month ago

Property 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. https://oceanside.evrealestate.com/en/shops/oceanside/properties/our-listings/612-Rathbun-Blackstone-MA-01504-MLSPIN-73515975

Listing Status:
Active
Date Added:
May 12, 2026
Data Last Updated:
June 21, 2026 at 3:15AM
Listing Office:
Engel & Volkers Oceanside : 401-638-0010
MLS ID:
1412342
  • General: AtticBathtubInterior StepsPermanent Attic StairsStall ShowerTub Shower
  • Appliances: Electric Water HeaterOvenRangeWater Heater
  • Laundry: Common AreaIn Unit
  • Basement: Exterior EntryFullInterior EntryUnfinished
  • Flooring: HardwoodVinyl
  • A/C: PartialCentral Air
  • Heating: Forced AirGasSpace Heater
  • Fireplace: Fireplaces: 0
  • General: Porch
  • Style: Stacked
  • Other Structures: Porch
  • Parking: No GarageParking spaces: 10
  • General: Shingle Siding3CombinationStone
  • Originating MLS: RIS_RIS
  • County: Worcester
  • Zoning: 3FAMC612RATHBUNSTBLCK
  • Fencing: Fenced
  • Utilities: Sewer Connected100 Amp ServiceCircuit Breakers
  • Water: Connected
  • Sewer: Connected
  • Source: RIS_RIS

This listing courtesy of Engel & Volkers Oceanside

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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