612 Rathbun Street, Blackstone, MA 01504

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Sold Price
$567,000
List Price
$599,900
Status
CLOSED
MLS#
1412342
Closing Date
Oct 23, 2026
Year Built
1925
Style
Stacked
Bedrooms
9
Bathrooms
3
Acres
0.31

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.

Additional Information

Taxes
$7,476
Lot Size
13,629
Interior Features
Attic, Bathtub, Interior Steps, Permanent Attic Stairs, Stall Shower, Tub Shower
Flooring
Hardwood, Vinyl
Heating
Forced Air, Gas, Space Heater
Cooling System Type
Partial, Central Air
Sewer
Connected
Water Source
Connected
Appliances
Electric Water Heater, Oven, Range, Water Heater
Basement
Exterior Entry, Full, Interior Entry, Unfinished
Exterior Features
Porch
Parking Spaces
10

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Listing courtesy of Engel & Volkers Oceanside. Contact:

Selling Office: Non-Mls Member.

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