$599,900

Blackstone Residential Income

  • 9 Beds
  • 3 Baths
  • 5,406 Sqft
  • 13,630 Sqft lot
  • Updated: July 3

About the Property

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-t
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.
  • Property type

    Apartment

  • Year built

    1925

  • Price/sqft

    $110

Features

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612 Rathbun Street, Blackstone, Massachusetts, United States View on Google Maps
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The DiSpirito Team

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The DiSpirito Team
United States
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4
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2024
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Engel & Völkers East Greenwich
Engel & Völkers East Greenwich
02818, East Greenwich, United States
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Last updated
July 3
First listed
May 13
Agent licence
#10193535269364
Listing reference
1412342
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