About this home
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.
Listing last checked: Listing updated:
Listed by Dispirito Team · Engel & Volkers Oceanside · MLS #73515975
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Details at a glance
Interior5 property facts
- Rooms
- 15
- Heating
- Forced Air, Natural Gas, Space Heater
- Cooling
- Central Air
- Flooring
- Wood, Hardwood, Tile
- Basement
- Yes · Full, Interior Entry, Bulkhead, Concrete
Building4 property facts
- Style
- 3 Family
- Year built
- 1925
- Parking
- 10
- Foundation
- Stone
Land & utilities5 property facts
- Lot size
- 0.31 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- ThreeFamC
Financial2 property facts
- Annual taxes
- $7,476
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $599,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,656 / monthAdjust
- Principal & interest
- $3,033
- Property tax
- $623
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,476. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $723,620
Estimated range $661,959–$785,280.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 612 Rathbun St
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