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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 3 |
| Living area | 3,528 sqft |
| Lot size | 13,629 sqft |
| Year built | 1925 |
| Price / sqft | $198 |
| County | Worcester |
| MLS # | 73515975 |
Listing status
| Days on market | 4 days |
| Listed on | May 11, 2026 |
Taxes & financials
| Annual property tax | $7,476 |
| Tax year | 2026 |
| Assessed value | $507,200 |
| Zoning | ThreeFamC |
| Gross income (actual) | $27,300/yr |
| Net operating income (actual) | $27,300/yr |
| Total actual rent | $2,275/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.31 acres |
| Garage spaces | 0 |
| Parking spaces | 10 |
| Parking | Off Street |
| Basement | Full, Interior Entry, Bulkhead, Concrete |
| Foundation | Stone |
| Flooring | Wood, Hardwood, Tile |
Utilities & systems
| Heating | Forced Air, Natural Gas, Space Heater |
| Cooling | Central Air |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Oven, Range |
Location
More about investing in Blackstone →
Listing courtesy of Engel & Volkers Oceanside — DiSpirito Team. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 612 Rathbun St, Blackstone MA 01504 have?
It is a 3-unit multi-family property with 3,528 sqft of living area, built in 1925.
How long has 612 Rathbun St, Blackstone MA 01504 been on the market?
612 Rathbun St, Blackstone MA 01504 has been listed for 4 days (since May 11, 2026).
What is the price per unit?
At a list price of $699,900 across 3 units, that works out to roughly $233,300 per unit.
What are the property taxes on 612 Rathbun St, Blackstone MA 01504?
Annual property taxes are $7,476 (2026), on an assessed value of $507,200.
What is the price per square foot?
At $699,900 for 3,528 sqft, that's about $198 per square foot.
Is there parking?
10 total parking spaces (off street).
Where is this property located?
612 Rathbun St, Blackstone MA 01504 is in Blackstone, Worcester County, MA 01504.
