612 Rathbun St, Blackstone, MA 01504

$599,900
9
BD
3
BA
3,528
SqFt

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Listing courtesy of Listing Agent: DiSpirito Team from Listing Office: Engel & Volkers Oceanside.

List Price
$599,900
Status
ACTIVE
Days on Market
85
Price Change
▼ $100,000 1781917540
MLS#
73515975
Subtype
Residential Income
Year Built
1925
Bedrooms
9
Bathrooms
3
Full Baths
3
Living Area
3,528
Lot Size
13,629
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

Interior Features
Ceiling Fan(s), Pantry, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
Exterior Features
Balcony/Deck
Taxes
$7,476
Zoning
ThreeFamC
Flooring
Wood, Hardwood, Tile
Appliances
Oven, Range
Heating
Forced Air, Natural Gas, Space Heater
Air Conditioning
Central Air
Stories
3
Levels
3
Foundation
Stone
Parking Features
Off Street
Elementary School
John F. Kennedy
Middle School
Frederick W. Hartnett
High School
Blaackstone Millville

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