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Active

28 Richmond St, Blackstone MA 01504

$639,900

Estimated $1,435/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $213,300

Total Rent: 61200/year

Estimated CAP Rate:

9 Bedrooms

Baths

3226

Total Parking: 5

5,000 (0.11)

This exceptional investment opportunity in one of Blackstone's most desirable neighborhoods! This well-maintained three-family property generates over $5,100 per month in rental income and is perfect for investors or owner-occupants seeking strong cash flow. With updated units, spacious layouts, abundant natural light, and attractive finishes this is the gem you have been looking for. The property is truly turnkey, allowing a new owner to begin collecting income immediately. Additional features include coin-operated laundry in the basement for additional income, separate utilities with tenants paying the majority of utility expenses, ample off-street parking, and low-maintenance vinyl siding. Conveniently located near shopping, restaurants, schools, parks, and major commuter routes, this income-producing property offers excellent long-term value. Don't miss this outstanding opportunity—schedule your private showing today!

This home has been viewed 12 times

Last Checked: July 20th, 2026 at 6:58am (Source: MLS PIN #73550462)

Gross Income: $61,200

Gross Expenses: $4,764

Net Income Calc: $56,436

Annual Expenses for 28 Richmond St, Blackstone MA 01504

Total Gross Expenses (Calculated)$4,764/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4764

Annual Income & Unit Breakdown for 28 Richmond St, Blackstone MA 01504

Total Gross Income (Calculated)$61,200

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

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 28 Richmond St, Blackstone MA 01504

Listing ID73550462

Property TypeMulti Family / 3 Family

Price639900 ($198.36/SqFt)

Style3 Family

CityBlackstone

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3226

Approximate Lot Size (Acres)0.11

Total Parking5

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningMulti

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 28 Richmond St, Blackstone MA 01504

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Refrigerator.

Financial Data Source

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 28 Richmond St, Blackstone MA 01504

Real Estate Taxes4764

Tax Year2025

Assessed Value$315,500

Financial Data Source

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 28 Richmond St, Blackstone MA 01504

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 28 Richmond St, Blackstone MA 01504

Agent

Name: Matthew Kelly

Office

Name: Keller Williams Elite

Phone: 508-528-1000

Payment Calculator

, Interest

Property Taxes 397

Principal & Interest 3942.86

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Elite

Matthew Kelly

Agent Phone

Office Phone

(508) 528-1000

Text Agent Call Agent Call Office

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EXIT

12 More Photos

Active

28 Richmond St, Blackstone MA 01504

$639,900

Annual Expenses for 28 Richmond St, Blackstone MA 01504

Annual Income & Unit Breakdown for 28 Richmond St, Blackstone MA 01504

General Information for 28 Richmond St, Blackstone MA 01504

Disclosures for 28 Richmond St, Blackstone MA 01504

Financial Information for 28 Richmond St, Blackstone MA 01504

Location Information for 28 Richmond St, Blackstone MA 01504

Contact Information for 28 Richmond St, Blackstone MA 01504

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams Elite

Matthew Kelly