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.
| Units | 3 |
| Living area | 3,528 sqft |
| Lot size | 13,629 sqft |
| Year built | 1925 |
| Price / sqft | $198 |
| County | Worcester |
| MLS # | 73515975 |
| Days on market | 4 days |
| Listed on | May 11, 2026 |
| 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 |
| 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 |
| Heating | Forced Air, Natural Gas, Space Heater |
| Cooling | Central Air |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Oven, Range |
Listing courtesy of Engel & Volkers Oceanside — DiSpirito Team. Listing data © MLS PIN.
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It is a 3-unit multi-family property with 3,528 sqft of living area, built in 1925.
612 Rathbun St, Blackstone MA 01504 has been listed for 4 days (since May 11, 2026).
Annual property taxes are $7,476 (2026), on an assessed value of $507,200.
At $699,900 for 3,528 sqft, that's about $198 per square foot.
10 total parking spaces (off street).
612 Rathbun St, Blackstone MA 01504 is in Blackstone, Worcester County, MA 01504.