Price Reduced 14.29%

$599,900

Est. Mortgage $2,877/mo *

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612 Rathbun Street, Blackstone, MA, 01504

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15 rooms

9 beds

3 Full baths

1925

Stacked

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:

Common Area,In Unit

Units:

Zoning:

3FAMC

Garage:

No Garage

Heating:

Forced Air, Gas, Space Heater

Cooling:

Partial, Central Air

Basement:

Exterior Entry, Full, Interior Entry, Unfinished

Parking:

10-car

Acreage:

0.31

Est. Taxes:

$7,476

Assessment

$507,200

Construction

Shingle Siding

Utilities

Sewer Connected

Lot Description:

Corner Lot

Amenities:

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

Days on Market:

Appliances:

Electric Water Heater, Oven, Range, Water Heater

MLS #:

73515975

Community Info

School Info

Walk Score

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Listing courtesy of The DiSpirito Team, Engel & Volkers 401-638-0010

$599,900

612 Rathbun Street, Blackstone, MA, 01504

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