$639,900

652 South Main Street, Hastings, NY 13036

  • 7 beds
  • 8,242 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon1.08acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $78/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

Investor opportunity in the heart of Central Square! This well-maintained 8-unit mixed-use building features 7 fully rented residential apartments and 1 commercial space currently operating as a barbershop. Ideally located just half a mile from Central Square High School, this property offers consistent rental demand and visibility for the commercial tenant. The property includes a massive parking lot that easily accommodates both residential and commercial needs—ideal for tenants and customers alike. The front building is protected by a durable metal roof, while the rear structure has a traditional asphalt roof, both in solid condition. With a 9% capitalization rate, this asset provides strong, immediate cash flow and room for long-term appreciation. Even with under market rents. Whether you’re a seasoned investor or looking to expand your portfolio with a solid income-producing property, this building offers a blend of stability and upside in a growing area.

Listing Status:
Active
Date Added:
July 3, 2025 at 05:00AM
Listing Office:
Acropolis Realty Group LLC : 315-396-0493
Listing Agent:
Zachary Johnson : 315-396-0493
MLS ID:
S1619581
  • Appliances: Appliances NegotiableGas Water Heater
  • Basement: Full
  • Flooring: Ceramic TileHardwoodLuxury VinylVaries
  • Heating: ElectricGasBaseboardForced Air
  • Fireplace: Fireplaces: 0

This listing courtesy of Zachary Johnson, Acropolis Realty Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Millard Hawk Elementary School

74 School Dr, Central Square, NY, 13036

Grades PK-5

0.47 miles away

C

Central Square Middle School

248 US Route 11, Central Square, NY, 13036

Grades 6-8

1.95 miles away

P

Paul V. Moore High School

44 School Dr, Central Square, NY, 13036

Grades 9-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.