Well-Maintained Three-Family Investment
For Sale
$599,900
612 Rathbun Street, Blackstone, MA 01504
Spacious 3-bed units with upgrades and income potential.
Property Size5,406 SF
Price / SF$110.97
Days on Market104
Property Features for 612 Rathbun Street
General Information
Standard status
Active
Size
5,406 SF
Total Parking Spaces
10
Property subtype
Residential Income
Zoning
3FAMC
Taxes and HOA fees
Annual Taxes
$7,476
Amenities
Restaurant
Central Air
Natural Gas, Forced Air, Space Heater
Exterior Entry, Full, Interior Entry, Unfinished
Electric Water Heater, Oven, Range, Water Heater
Fenced
No Garage
Stacked
Building Details
Building Size
5,406 SF
Year Built
1925
Buildings
1
Stories
3
Listing Agency:
(401) 244-8355
Listed By:
The DiSpirito Team
(401) 244-8355
Source:
Evrealestate
Added: May 12
Changed: Aug 23
Last Checked: Aug 11 at 10:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The DiSpirito Team
Investment Insights
Based on property information with market context.
This well-maintained three-family property presents an investment opportunity with potential for long-term value and future rental growth. Each of the three units features three bedrooms and approximately 1,200 square feet of living space. The property includes separate utilities for each unit, in-unit laundry hookups, basement storage, and parking space for over eight vehicles. A yard is also located on the premises. Since 2020, infrastructure upgrades have been implemented, including complete replacement of all knob-and-tube wiring, new electrical panels in each unit, new PEX plumbing throughout, a new PVC stack, and a new roof. Three new hydroelectric water heaters, insulation improvements, and hardwired smoke/CO detectors have also been installed, along with updated common areas and exterior/porch code and safety improvements. The first-floor unit is equipped with a new 96% high-efficiency gas FHA furnace and central air. The property is located in a very walkable area, with a walk score of 74, and a somewhat bikeable area, with a bike score of 43. Long-term tenants are in place with below-market rents, offering potential for future income increase.
Key Highlights
- Three spacious 3‑bed units (approximately 1,200 sq ft each).
- Extensive infrastructure upgrades since 2020, including electrical, plumbing, roof, and water heaters.
- Separate utilities and in‑unit laundry hookups for each unit.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
Explore this area
Business Placement
Demographics for 01504, MA
9,208
Population
4,079
Households
2.3
Avg Household Size
43
Median Age
35%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
830
Density / Sq Mi
$98,986
Median Household Income
$61,973
Median Earnings
$1,157
Median Rent
$394,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Spacious 3-bed units with upgrades and income potential.
Where is this triplex located?
The property is located at 612 Rathbun Street Blackstone, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Three spacious 3‑bed units (approximately 1,200 sq ft each).; Extensive infrastructure upgrades since 2020, including electrical, plumbing, roof, and water heaters.; Separate utilities and in‑unit laundry hookups for each unit.
