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  • Zestimate®
    $567,000

    612 Rathbun St, Blackstone, MA 01504

    9beds
    3,528sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $567,000 Zestimate®
    $161/sqft
    $2,098 Estimated rent

    Home value

    $567,000

    $527,000 - $607,000

    $2,098/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    The DiSpirito Team 401-244-8355,

    Engel & Volkers Oceanside

    Bought with:

    Non-Mls Member

    Non-Mls Member

    Source: StateWide MLS RI,MLS#: 1412342MLS Logo

    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
    • 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

    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
    • Special conditions: Conventional/Market Value

    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: $161/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

    Price history

    DateEventPrice
    10/23/2026Sold$567,000-5.5%$161/sqft
    Source: StateWide MLS RI #1412342 Report a problem
    9/18/2026Listed for sale$599,900$170/sqft
    Source: Engel & Volkers #1412342 Report a problem
    8/21/2026Pending sale$599,900$170/sqft
    Source: MLS PIN #73515975 Report a problem
    8/10/2026Contingent$599,900$170/sqft
    Source: MLS PIN #73515975 Report a problem
    6/19/2026Price change$599,900-14.3%$170/sqft
    Source: MLS PIN #73515975 Report a problem
    5/11/2026Listed for sale$699,900+469%$198/sqft
    Source: MLS PIN #73515975 Report a problem
    5/8/2020Sold$123,000$35/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 01504

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $567,000

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    Estimated market value

    $567,000