612 Rathbun St, Blackstone, MA 01504
- $599,900
- 9
- BD
- 3
- BA
- 3,528
- SqFt
- List Price
- $599,900
- Price Change
- ▼ $100,000 1781917540
- Status
- ACTIVE
- MLS#
- 73515975
- Bedrooms
- 9
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,528
- Lot Size (Acres)
- 0.31
- Year Built
- 1925
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.
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Additional Information
- Taxes
- $7,476
- Interior Features
- Ceiling Fan(s), Pantry, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
- Parking Description
- Off Street
- Lot Description
- Corner Lot, Level
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- John F. Kennedy
- Middle School
- Frederick W. Hartnett
- High School
- Blaackstone Millville
Mortgage Calculator
Listing courtesy of Listing Agent: DiSpirito Team from Listing Office: Engel & Volkers Oceanside.
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