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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
  • lyx0402@gmail.com

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William Raveis

© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 612 Rathbun St, Blackstone, MA 01504
Active Under Contract
101 Days on market
612 Rathbun St Blackstone — Photo 1 of 41

612 Rathbun St Blackstone — Photo 1 of 41

Recent Drop: $100,000

$699,900
$599,900

$599,900

612 Rathbun St, Blackstone, MA 01504

Blackstone, MA 01504

Beds

9

Baths

3

SqFt

3,528

Style

3 Family

Built

1925

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$170/sqft
Local Avg (Blackstone)$277/sqft
39% BelowMarket Average

* Analysis is based on 13 actively listed and recently sold comparable properties strictly within Blackstone, MA.

Property Details

Financials

Original Price$699,900
Annual Taxes$7,476

Parking

Garage0
Off-Street10

Interior Specifications

Total Rooms15
FireplacesNone
FlooringWood, Hardwood, Tile
BasementFull, Interior Entry, Bulkhead, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas, Space Heater
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningThreeFamC

Property & Lot

Acres0.31
SqFt Lot13,629
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Oven • Range

Geography

Property History

Price Drop
$599,900

Was $699,900

Jun 19, 2026

MLS® 73515975

Listed
$699,900

May 11, 2026

MLS® 73515975

Population

9,255

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$94K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

26.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Blackstone, MA market report ZIP 01504 market data
Listing Provided By

Listing Agent: Dispirito Team

Listing Office: Engel & Volkers East Greenwich

MLS® Number: 73515975

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