$699,900 ($198.38 per sqft)

Est. Mortgage $3,448/mo *

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612 Rathbun St, Blackstone, MA, 01504

612 Rathbun St, Blackstone, MA, 01504
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15 rooms

9 beds

3 Full baths

1925

3,528 sqft

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.

Status:

Active

Type:

Multi-family

Laundry Remarks:

Washer & Dryer Hookup

Units:

3

Zoning:

ThreeFamC

Heating:

Forced Air, Natural Gas, Space Heater

Cooling:

Central Air

Basement:

Full, Interior Entry, Bulkhead, Concrete

Levels:

3

Parking:

10-car, Off Street

Acreage:

0.31

Est. Taxes:

$7,476

Assessment

$507,200

Lot Description:

Corner Lot, Level

Elementary School:

John F. Kennedy

Middle School:

Frederick W. Hartnett

High School:

Blaackstone Millville

Appliances:

Oven, Range

MLS #:

73515975

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Dispirito Team, Engel & Volkers East Greenwich 401-638-0010