For sale

$699,900

612 Rathbun St, Blackstone, MA 01504

9beds

3,528sqft

Est.: Get pre-qualified

Multi Family

Built in 1925

-- sqft lot

$687,200 Zestimate^®

$198/sqft

$-- HOA

What's special

Central airBasement storageNew roofBeautiful yardIn-unit laundry hookupsUpdated common areasInsulation improvements

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.

20 days

436

12

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3
Full bathrooms: 3

Bathroom

Features: Bath w Tub, Bath w Shower Stall

Heating

Natural Gas, Central Air, Forced Air, Space Heater

Cooling

Central Air, Partial

Appliances

Included: Electric Water Heater, Oven/Range
Laundry: In Building, In Unit

Features

Stairs, Plumbing (PEX), Insulation (Ceiling), Insulation (Walls), Ceiling Fan(s)
Flooring: Hardwood, Vinyl
Doors: Storm Door(s)
Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
Attic: Attic Stairs
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 5,406
Total interior livable area: 3,528 sqft

Video & virtual tour

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Property

Parking

Total spaces: 10
Parking features: No Garage

Features

Stories: 3
Patio & porch: Porch
Fencing: Fenced

Lot

Size: 0.31 Acres
Features: Corner Lot

Details

Parcel number: BLACM0001B0000L112
Zoning: 3FAMC

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Shingles
Foundation: Mixed, Stone

Condition

New construction: No
Year built: 1925

Utilities & green energy

Electric: 100 Amp Service, Circuit Breakers
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Hospital, Private School, Recreational Facilities, Restaurants, Schools, Near Shopping

HOA

Has HOA: No

Location

Region: Blackstone

Financial & listing details

Price per square foot: $198/sqft
Tax assessed value: $327,800
Annual tax amount: $7,476
Date on market: 5/12/2026
Inclusions: Refrigerators, In-Unit Washers & Dryers belong to the tenants.
Total actual rent: 2275
Tenant pays: Hot Water, Heat

Estimated market value

$687,200

$653,000 - $722,000

$2,392/mo

Price history

Date	Event	Price
5/11/2026	Listed for sale	$699,900+469%$198/sqft
Source: MLS PIN #73515975 Report a problem
5/8/2020	Sold	$123,000$35/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,950 -18.1%	$327,800 -11.5%
2024	$6,047 +12.9%	$370,300 +11.9%
2023	$5,356 +7.4%	$331,000 +18.8%
2022	$4,987 +9.1%	$278,600 +14.1%
2021	$4,571 +8.1%	$244,200 +8.9%
2020	$4,230 +10.4%	$224,300 +10.7%
2019	$3,831 +9.8%	$202,600 +13.2%
2018	$3,489 +9.1%	$179,000 +7.8%
2017	$3,199 +1.4%	$166,100 +1.8%
2016	$3,154 +10.5%	$163,100 +11.3%
2015	$2,854 +3.4%	$146,500
2014	$2,759 -1.4%	$146,500 -5.8%
2013	$2,797 +10.4%	$155,500 +3.9%
2012	$2,533 -4.7%	$149,700 -12.6%
2011	$2,657 -24%	$171,300 -31.1%
2010	$3,494 -0.2%	$248,700 -11.1%
2009	$3,502 -1.4%	$279,700 -10.2%
2008	$3,550 +8%	$311,400 +3.1%
2007	$3,288 +14.9%	$301,900 +13.5%
2006	$2,862 +31.5%	$266,000 +37%
2004	$2,177 +22.4%	$194,200 +36.8%
2003	$1,778 -5.7%	$142,000 +6.4%
2001	$1,886 -17.7%	$133,400 -12.9%
2000	$2,292	$153,200

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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