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612 Rathbun St, Blackstone MA 01504

Blackstone, MA 01504
$699,900
Est. $4,362/month
9
Beds
3
Baths
3,528
Sq Ft
$198
Price/Sq Ft
0.31
Acres
1925
Year Built
2 hours 17 minutes
Time on Market
Active Listed May 11, 2026 • MLS# 73515975 Copied!

About this home

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.

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1925
Bedrooms
9
Full Bathrooms
3
Living Area
3,528 sq ft
Total Rooms
15
Stories
3
Levels
3

Facts & Features

Central AC

Home Facts

Type Residential Income
Style 3 Family
Year Built 1925
Living Area 3,528 sq ft
Lot Size 0.31 acres
Bedrooms 9
Full Baths 3
Total Rooms 15

Interior

Heating Forced Air, Natural Gas, Space Heater
Cooling Central Air
Flooring Wood, Hardwood, Tile
Appliances Oven, Range
Fireplace None
Basement Full, Interior Entry, Bulkhead, Concrete
Laundry Washer & Dryer Hookup
Features Ceiling Fan(s), Pantry, Bathroom With Shower Stall, Living Room, Dining Room, Kitchen

Exterior

Construction None
Architecture None
Roof None
Features Balcony/deck
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Covered

Parking

Features Off Street
Total Spaces 10

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,476
Assessed Value $507,200

Interior Features

Flooring: Wood, Hardwood, Tile
Appliances: Oven, Range
Interior Features: Ceiling Fan(s), Pantry, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Interior Entry, Bulkhead, Concrete
Laundry: Washer & Dryer Hookup
Security:

Construction & Materials

Year Built: 1925
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Space Heater
Cooling: Central Air
Hot Water: Electric, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck
Patio & Porch: Covered
Fencing: Fenced/Enclosed
Other Structures:
Lot Features: Corner Lot, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 10
Parking Features: Off Street

Location

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Neighborhood

612 Rathbun St, Blackstone MA 01504

Blackstone, MA 01504

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $623
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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$0/mo
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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
May 11, 2026
$699,900
Original listing
Office: Engel & Volkers Oceanside

Price & Status History

Date Event Price Change
May 11, 2026 New Listing Added $699,900

Market Statistics

Time on Market
2 hours 17 minutes
Price per Sq Ft
$198

Tax History

Year Taxes Assessment
2026 $7,476 $507,200

Financial Details

Annual Property Tax
$7,476
Tax Year 2026
Assessed Value
$507,200

Listing Information

Listing Agent DiSpirito Team
Listing Office Engel & Volkers Oceanside
Agent MLS ID TM348791
Office MLS ID AN6902
Listing Data Updated May 11, 2026 10:17 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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