Raymond M. Hall, REALTOR® | (508) 221-2544 | ray@ricottarealestate.com | 1181 Main Street, Chatham, MA 02633
$2,000,000

712 Main Street, Hyannis, MA 02601

2 Beds 1 Full Baths 2 Half Baths 3,415 Sq Ft 0.25 acres
MLS# 22603328 · Residential / (Single Family Residence)
Listed: 07/09/26 (listing data as of 07/30/26 at 4:40 pm)

About This Property

What if you could live rent-free and build long-term wealth through real estate with one single investment choice? This rare mixed-use opportunity pairs a modern 2nd-floor apartment with a high-performing commercial asset (MLS# 22603001) producing an impressive 8% annual cap rate, delivering the perfect blend of downtown convenience and investment stability. Beautifully renovated in 2021, the main level features nine fully leased professional suites, creating a proven income stream designed to offset your mortgage, taxes, insurance, and operating expenses while generating passive monthly cash flow. Upstairs, the private 2-bedroom apartment (featuring a living room, kitchen, and full bath) offers the flexibility to live on-site rent-free or lease it out to accelerate your passive returns. On town sewer with private parking, this versatile property also features potential to expand up to three stories for residential/commercial use with town approval. The best investments don't just appreciate--they pay for your lifestyle. Buyer/agent to verify all information.

Property Details

Property TypeResidential
(Single Family Residence)
StatusActive
MLS Number22603328
Year Built2006
Annual Taxes$3,908 (2026)
Total Assessment$657,900
Square Footage3,415
Price/Sq Ft$586/sq ft
Lot Size0.25 acres
Bedrooms2
Full Baths1
Half Baths2
RenovatedYes
Year Renovated2021
Heat Source Forced Air, Natural Gas
Add'l Heating Forced Air
Cooling A/C Central Air, Wall Unit(s)
Garage Spaces0
Days on Market21
WaterfrontNo
Miles to Beach.5 - 1
Lot Features Level

Bedroom Details

Primary Bedroom

  • Second Floor

Bedroom 2

  • Second Floor

Convenient To

  • Golf Course
  • In Town Location
  • Major Highway
  • Medical Facility
  • School
  • Shopping
  • Convenient to Sea St Beach
  • Convenient to Craigville Beach
  • Convenient to Kalmus Beach

Exterior Features

  • Private Yard

Location

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Listing Courtesy of: DREAM International / Dream Homes & Estates, Inc.
The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. (CCIMLS). Real estate listings provided by CCIMLS and held by brokerage firms other than John C. Ricotta & Associates are marked with the CCIMLS BR Logo and detailed information includes, at minimum, the name of the listing agent and broker attribution assigned by the listing broker. This site was last updated 07/30/2026. Neither the listing broker nor John C. Ricotta & Associates shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. All properties are subject to prior sale, changes, or withdrawal.