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$599,900 -$100,000 (-14.29%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 9 Total Beds
  • 0.3129 Acres
  • Updated 14 hours ago
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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.

Full Property Details for 612 Rathbun St

General

  • Price: $599,900
  • Taxes: $7,476 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1412342
  • Updated: 6/22/2026
  • Added to Site: 41 day(s) ago

Interior

  • Number of Rooms: 15
  • Interior Features: Attic, Bathtub, Interior Steps, Permanent Attic Stairs, Stall Shower, Tub Shower
  • Fireplace(s): None
  • Appliances: Electric Water Heater, Oven, Range, Water Heater
  • Flooring: Hardwood, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 9

Other Rooms

  • Laundry: Common Area, In Unit

Exterior

  • Exterior Features: Porch
  • Porch/Patio/Deck: Porch

Parking

  • Total Spaces: 10
  • Parking Features: No Garage

Location

  • County: Worcester

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Partial, Central Air Conditioning
  • Heating Type: Forced Air, Gas, Space Heater

Utilities

  • Sewer: Connected
  • Water: Connected
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 1
  • Architectural Style: Stacked
  • Detached/Attached: Detached
  • Construction: Shingle Siding
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
  • Doors: Storm Door(s)
  • Stories/Levels: 3
  • Building Size: 5406
  • Finished Total: 5,406 Sq. Ft.
  • Finished Above Grnd: 5,406 Sq. Ft.
  • Year Built: 1925

Lot Features

  • Lot Size (Acres): 0.3129
  • Lot Size (Sq. Ft.): 13,629
  • Lot Size: 13629
  • Lot Features: Corner Lot
  • Fencing (Description): Fenced

Financial Considerations

  • Operating Expenses: $13,020
  • Tax Amount: $7,476
  • Tax Year: 2026
  • Tenant Pays: Hot Water

Disclosures and Reports

  • Inclusions: Refrigerators, In-Unit Washers & Dryers belong to the tenants.
  • Property ID: 612RATHBUNSTBLCK
  • Lot Number: 112

Listed by Engel & Volkers Oceanside

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Listing agent

— 612 Rathbun St —

  • Engel & Volkers Oceanside

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 612 Rathbun St

School District:Blackstone-Millville School District
NameGradesDistance
Augustine F. Maloney Elementary School
200 Lincoln Street, Blackstone, MA 01504
3-52.4 mi
John F Kennedy Elementary School, Blackstone, MA
200 Lincoln Street, Blackstone, MA 01504
K-22.4 mi
Frederick W. Hartnett Middle School
35 Federal Street, Blackstone, MA 01504
6-81.4 mi
Blackstone Millville Rhs
175 Lincoln Street, Blackstone, MA 01504
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 612 Rathbun St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/22/2026
Price Reduced
$599,900
-14.29%
MLS
5/12/2026
Listed
$699,900
469.02%
MLS
5/06/2020
Sold
$123,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 612 Rathbun St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,950
-18%
$327,800
-11%
2024
$6,047
13%
$370,300
12%
2023
$5,356
7%
$331,000
19%
2022
$4,987
9%
$278,600
14%
2021
$4,571
8%
$244,200
9%
2020
$4,230
10%
$224,300
11%
2019
$3,831
10%
$202,600
13%
2018
$3,489
9%
$179,000
8%
2017
$3,199
12%
$166,100
13%
2015
$2,854
3%
$146,500
—
2014
$2,759
—
$146,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Engel & Volkers Oceanside

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612 Rathbun Street, Blackstone, MA 01504 (MLS# 1412342) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 612 Rathbun Street is currently listed for $599,900 and was received on May 12, 2026. Want to learn more about 612 Rathbun Street? Do you have questions about finding other Multi-Family real estate for sale in Blackstone? You can browse all Blackstone real estate or contact a Coldwell Banker agent to request more information.

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