
$699,900 USD
Multi Family Home for Sale, 612 Rathbun Street, Blackstone, Massachusetts 01504
- MLS#1412342
- Bedrooms9
- Bathrooms3
- Home/Lot size
502 m² (5,406 ft²)
Listed By Engel & Volkers Oceanside
The Multi Family Home for Sale located at 612 Rathbun Street, Blackstone, Massachusetts 01504 is currently for sale. 612 Rathbun Street, Blackstone, Massachusetts 01504 is listed for $699,900. This property has 9 bedrooms, 3 bathrooms.
Property features
Property
- Property size:
502 m² (5,406 ft²) - Features: AtticPorchBasement
Lot/Land
- Land/Lot size:
1,266 m² (13,629 ft²) - Lot description: FencedCorner Lot
Construction
- Year built: 1925
- Basement and foundation: UnfinishedFull Basement
Bedrooms
- Bedrooms: 9
Bathrooms
- Total bathrooms: 3
- Full bathrooms: 3
Interior Features
- Floors: HardwoodVinyl
Exterior Features
- Outdoor spaces: Porch
- Carport spaces:
Heating and Cooling
- Heating system: Natural GasOilSpace HeaterForced Air
- Cooling system: Air Conditioning
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.
Location
612 Rathbun Street, Blackstone, Massachusetts 01504