
612 Rathbun St Blackstone — Photo 1 of 41
Recent Drop: $100,000
$599,900
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.
* Analysis is based on 13 actively listed and recently sold comparable properties strictly within Blackstone, MA.
Oven • Range
Was $699,900
Jun 19, 2026
MLS® 73515975
May 11, 2026
MLS® 73515975
9,255
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$94K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
26.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
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)
Listing Agent: Dispirito Team
Listing Office: Engel & Volkers East Greenwich
MLS® Number: 73515975
Explore other active listings in the area.