612 Rathbun St

3,528 Sq. Ft.
$198 / Sq. Ft.
3,528
Sq. Ft.
$198
per Sq. Ft.

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,...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.
  1. Listed by DiSpirito Team • Engel & Volkers Oceanside

Property Details for 612 Rathbun Street

Town
Blackstone
Area
MA-Blackstone
Garage Spaces
0
Open Parking Spaces
10.00
Parking Spaces Total
10
LISTING UPDATED: 05/15/2026 03:10 AM

Property Details for 612 Rathbun Street

StatusActive
MLS #73515975
Days on Market22
Taxes$7,476 / year
HOA Fees-
Property TypeMulti Family
MLS TypeResidential Income / 3 Family
Year Built1925
CountyWorcester County

Location

Listing Courtesy of Engel & Volkers Oceanside, DiSpirito Team
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Building Information for 612 Rathbun Street

Stories3Residences3Year Built1925Building Size-Lot Size0.31 AC / 13,629 SF

Payment Calculator

$4,111 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,488

Property Taxes

$623

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 612 Rathbun Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 3528.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: John F. Kennedy
  • High School: Blaackstone Millville
  • Middle School: Frederick W. Hartnett
Features
Interior Features
  • Appliances: Oven, Range
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • DoorFeatures: Storm Doors
  • FireplaceFeatures: None
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Hardwood, Tile
  • Interior Features: Ceiling Fan(s), Pantry, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
  • Laundry Features: Washer & Dryer Hookup
  • SpaYN: No
Exterior Features
  • Exterior Features: Balcony/Deck
  • Exterior Features: Covered Patio/Deck
  • Fencing: Fenced/Enclosed
  • Lot Description: Corner Lot, Level
  • Patio And Porch Features: Covered
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Amps100, Circuit Breakers
  • Heating: Forced Air, Natural Gas, Space Heater
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: Sewer Connected
  • Water: Public
Property Information
Property Info
  • Documents Count: 3
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Refrigerators,washers/dryers (In units) belong to the tenants.
Tax Information
  • Tax ID: M:0001 B:0000 L:112,3445597
  • Assessments: $507,200
  • Book: 62359
  • Lot: 112
  • Map: 1
  • Tax Year: 2026
  • Zoning: ThreeFamC
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Levels: 3
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $27,300.00
  • NOI: $27,300.00
  • Operating Expense: $13,020.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Tenant Pays: Hot Water
  • Total Actual Rent: $2,275.00

Property History for 612 Rathbun Street

DateEvent & SourcePriceAppreciation
May 12, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1412342

$699,900
May 11, 2026

Listed (Active)

MLS PIN #73515975

$699,900
DateEvent & SourcePrice
05/12/2026

Listed (Active)

Rhode Island Association of REALTORS® #1412342

$699,900
05/11/2026

Listed (Active)

MLS PIN #73515975

$699,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 612 Rathbun Street

Taxable ValueLand$149,200Additions$178,600Total$327,800
Tax Record2025$4,950 ($412 / month)
Home Facts
Baths3Total Finished SqFt3,528 SqFtAbove Grade Finished SqFt3,528 SqFtStories3Lot Size13,629 SqFtStyleTriplexYear Built1925CountyWORCESTERAPNBLAC M:0001 B:0000 L:112

Schools near 612 Rathbun Street

This home is within Blackstone-Millville School District.
Rating
School
Type
Grades
Distance
Public - 4 to 7
Public - 8 to 12
Public - 3
Public - 4 to 5
Rating
School
Distance
Frederick W. Hartnett Middle School
Public4 to 7

Blackstone Millville Rhs
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

612 Rathbun Street is a multi-family home for sale in Blackstone, MA 01504. This property was listed for sale on May 11, 2026 by Engel & Volkers Oceanside, it's currently listed at $699,900. This listing's school district is Blackstone-Millville School District. Nearby schools include Frederick W. Hartnett Middle School, Blackstone Millville Rhs and John F Kennedy Elementary School. 612 Rathbun Street is a 9-bed, 3-bath, 3,528 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Volkers Oceanside, DiSpirito Team

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.