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612 Rathbun St, Blackstone MA 01504

$599,900

Estimated $1,596/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $199,966.67

Total Rent: 27300/year

Estimated CAP Rate:

9 Bedrooms

Baths

3528

Total Parking: 10

13,629 (0.31)

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.

This home has been viewed 10 times

Last Checked: June 24th, 2026 at 5:38am (Source: MLS PIN #73515975)

Gross Income: $27,300

Gross Expenses: $7,476

Net Income Calc: $19,824

Water Views

Annual Expenses for 612 Rathbun St, Blackstone MA 01504

Total Gross Expenses (Calculated)$7,476/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7476

Annual Income & Unit Breakdown for 612 Rathbun St, Blackstone MA 01504

Total Gross Income (Calculated)$27,300

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 612 Rathbun St, Blackstone MA 01504

Listing ID73515975

Property TypeMulti Family / 3 Family

Price599900 ($170.04/SqFt)

Style3 Family

CityBlackstone

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3528

Approximate Lot Size (Acres)0.31

Total Parking10

Garage Parking0

Year Built1925

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningThreeFamC

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 612 Rathbun St, Blackstone MA 01504

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsFireplace Mantel In Living Room Is Excluded.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 612 Rathbun St, Blackstone MA 01504

Real Estate Taxes7476

Tax Year2026

Assessed Value$507,200

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 612 Rathbun St, Blackstone MA 01504

Elementary SchoolJohn F. Kennedy

Middle SchoolFrederick W. Hartnett

High SchoolBlaackstone Millville

Neighborhood(s)

Area Amenities

Contact Information for 612 Rathbun St, Blackstone MA 01504

Agent

Name: DiSpirito Team

Office

Name: Engel & Volkers Oceanside

Phone: 401-638-0010

Team Members

Payment Calculator

, Interest

Property Taxes 623

Principal & Interest 3696.39

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Engel & Volkers Oceanside

DiSpirito Team

Agent Phone

Office Phone

(401) 638-0010

Text Agent Call Agent Call Office

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    [unparsed] => 612 Rathbun St, Blackstone MA 01504
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EXIT

38 More Photos

Active

612 Rathbun St, Blackstone MA 01504

$599,900

Annual Expenses for 612 Rathbun St, Blackstone MA 01504

Annual Income & Unit Breakdown for 612 Rathbun St, Blackstone MA 01504

General Information for 612 Rathbun St, Blackstone MA 01504

Disclosures for 612 Rathbun St, Blackstone MA 01504

Financial Information for 612 Rathbun St, Blackstone MA 01504

Location Information for 612 Rathbun St, Blackstone MA 01504

Contact Information for 612 Rathbun St, Blackstone MA 01504

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Engel & Volkers Oceanside

DiSpirito Team