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    FOR SALE
    Triplexes

    612 Rathbun St Blackstone, MA 01504

    Built 1925
    Property ID
    US38-1636927
    612 Rathbun St, Blackstone, MA 01504 For Sale 1 / 41
    $599,900
    612 Rathbun St, Blackstone, MA 01504
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    Property summary
    AI-generated overview

    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. bikeScore: 43, Somewhat Bikeable walkScore: 74, Very Walkable

    Property profile
    Verified
    Property type Triplexes
    Year built 1925
    UPID US38-1636927
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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