This exceptional investment opportunity in one of Blackstone's most desirable neighborhoods! This well-maintained three-family property generates over $5,100 per month in rental income and is perfect for investors or owner-occupants seeking strong cash flow. With updated units, spacious layouts, abundant natural light, and attractive finishes this is the gem you have been looking for. The property is truly turnkey, allowing a new owner to begin collecting income immediately. Additional features include coin-operated laundry in the basement for additional income, separate utilities with tenants paying the majority of utility expenses, ample off-street parking, and low-maintenance vinyl siding. Conveniently located near shopping, restaurants, schools, parks, and major commuter routes, this income-producing property offers excellent long-term value. Don't miss this outstanding opportunity—schedule your private showing today!
NEW PRICE—compelling Blackstone two-family investment opportunity with income potential and flexible owner-occupant options. Potential gross rental income of up to approximately $5,400 per month when both residential units and all six garages are leased; buyer and buyer’s agent to verify rents and projections. One unit currently rents for approximately $2,100/month, and two garages generate an additional $350/month. The second 2-bedroom, 1-bath unit is move-in ready for occupancy or rental. Both units offer updated kitchens, renovated baths, granite countertops, and fresh paint, with separate utilities for easier management. Additional features include six garages, five off-street parking spaces, a basement bonus room, and a detached 12' x 18' building with electricity offering added flexibility for storage, a workshop, or other permitted uses. Convenient to shopping, amenities, and major routes. Uses and income potential are subject to buyer due diligence and local requirements.
Courtesy: Engel & Volkers Oceanside
401-638-0010
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.
Blackstone is located in Massachusetts. Blackstone, Massachusetts has a population of 9,188. Blackstone is more family-centric than the surrounding county with 40.68% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Blackstone, Massachusetts is $89,129. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Blackstone is 43.1 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 50.3 inches per year, with 40.6 inches of snow per year.
