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187 Main St, Blackstone MA 01504

$1,299,000

Estimated $2,954.32/month Calculator

Multi Family

Total Units: 7

Price Per Unit: $185,571.43

Total Rent: 56400/year

Estimated CAP Rate: 3.56%

13 Bedrooms

7 Full, 2 Half Baths

5,377 SqFt

Total Parking: 10

9,380 SqFt

Incredible investment opportunity! This Worcester County property features 1 lot with 4 separate buildings—three 2-family homes and one single-family residence, offering a total of 5,377 sq ft of living space. Situated on 0.215 acres, the lot provides ample off-street parking for tenants and guests. A rare chance to own a multi-building, multi-unit income-producing property all on one parcel. Perfect for investors looking to expand their portfolio with strong rental potential.

This home has been viewed 17 times

Last Checked: December 14th, 2025 at 5:43pm (Source: MLS PIN #73461199)

Gross Income: $56,400

Gross Expenses: $10,176

Net Income Calc: $46,224

CAP Rate: 3.56%

Annual Expenses for 187 Main St, Blackstone MA 01504

Total Gross Expenses (Calculated)$10,176/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$10,176

Annual Income & Unit Breakdown for 187 Main St, Blackstone MA 01504

Total Gross Income (Calculated)$56,400

Unit 1

Rental Income$1,200

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,200

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,200

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,100

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 187 Main St, Blackstone MA 01504

Listing ID73461199

Property TypeMulti Family / 5+ Family

Price$1,299,000 ($241.58/SqFt)

Style5-9 Family

CityBlackstone

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total5,377 SqFt

Approximate Lot Size (Acres)0.22 acres

Total Parking10

Garage Parking

Year Built1900

Year Built SourceOwner

Year Renovated

Year Built DetailsUnknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRes

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 187 Main St, Blackstone MA 01504

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$56,400

Total Net Income By Broker$56,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 187 Main St, Blackstone MA 01504

Real Estate Taxes$10,176

Tax Year2025

Assessed Value$673,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$56,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$56,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.56%

Location Information for 187 Main St, Blackstone MA 01504

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 187 Main St, Blackstone MA 01504

Agent

Name: Adam Devine

Office

Name: Dorrance Realty LLC

Phone: 203-718-3305

Payment Calculator

, Interest

Property Taxes 848

Principal & Interest 8004.02

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Dorrance Realty LLC

Adam Devine

Agent Phone

Office Phone

(203) 718-3305

Text Agent Call Agent Call Office

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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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[real_estate_tax] => $10,176
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
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[roof_material] => Array
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[rooms] => 24
    [senior_community] => No
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[sewer_expense] => Array
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[short_sale] => 
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[street_number] => 187
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[style] => Array
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    [tax_year] => 2025
    [team] => Array
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[terms] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full, 1 Half
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[water] => Array
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[water_expense] => Array
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[water_views] => Array
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[water_views_features] => Array
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[year_built] => 1900
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    [zoning_details] => 
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EXIT

Active

187 Main St, Blackstone MA 01504

$1,299,000

Annual Expenses for 187 Main St, Blackstone MA 01504

Annual Income & Unit Breakdown for 187 Main St, Blackstone MA 01504

General Information for 187 Main St, Blackstone MA 01504

Disclosures for 187 Main St, Blackstone MA 01504

Financial Information for 187 Main St, Blackstone MA 01504

Location Information for 187 Main St, Blackstone MA 01504

Contact Information for 187 Main St, Blackstone MA 01504

Agent

Office

Payment Calculator

Exclusive Listing Agent

Dorrance Realty LLC

Adam Devine