Address
612 Rathbun Street, Blackstone, MA
Price
$ 599,900
Property Attributes
  • MLS#1412342
  • TypeSingle Family
  • Listing Status Active
  • CountyWorcester
  • CityBlackstone
  • Zip01504
  • Style
  • Year Built1925
  • Taxes$ 7476
  • Price$ 599,900
  • Bedrooms9
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage5406
  • Lot Size0.3129 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
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.

Price History
5/12/2026 Listed $699,900
6/22/2026 14$599,900

General Features

Sewer Connected
Heating ForcedAir,Gas,SpaceHeater
Cooling Partial,CentralAir
Utilities SewerConnected
Possession Negotiable
Zoning 3FAMC
Patio/Porch Features Porch
Construction Materials ShingleSiding
Year Built 1925
Electric Amps100,CircuitBreakers
Tenant Pays HotWater
Property Subtype MultiFamily
Tax Year 2026
Community Features NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping
County Worcester
Operating Expense 13020
New Construction false
Property Type ResidentialIncome
Garage Y/N false
Total Rooms 15
Full Baths 3
Status Active
City Blackstone
Senior Community Y/N false
Number Of Units Total 3
Lot Size Units SquareFeet
Lot Size Square Feet 13629
Land Lease Y/N false
Tax Annual Amount 7476
Virtual Tour https://tour.RiLiving.com/612-Rathbun-Street-Blackstone-MA-01504
Standard Status Active
Tax Assessed Value 507200
Tax Lot 112

Interior Features

Interior Amenities Attic,Bathtub,InteriorSteps,PermanentAtticStairs,StallShower,TubShower
Basement ExteriorEntry,Full,InteriorEntry,Unfinished
Flooring Hardwood,Vinyl
Fireplace Features None
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features CommonArea,InUnit
Total Bedrooms 9
LivingAreaSource PublicRecords
Total Baths 3

Exterior Features

Exterior Amenities Porch
Fencing Fenced
Parking Features NoGarage
Lot Features CornerLot
Water Source Connected
Total Parking 10
Inclusions Refrigerators, In-Unit Washers & Dryers belong to the tenants.
Lot Size Area 13629
Foundation Details Combination,Stone
Number of Buildings 1
Building Area Total 5406
Lot Size Acres 0.3129
Door Features StormDoors

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 01504

Price
AVG $590K
$600K
Taxes
AVG $6,608
$7,476
Year Built
AVG 1980
1925

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.