652 S Main St Central Square, NY 13036
Estimated payment $4,517/month
Highlights
- Wood Flooring
- Baseboard Heating
- Rectangular Lot
- Forced Air Heating System
About This Home
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 Agent
Listing by Acropolis Realty Group LLC License #10301222752 Listed on: 07/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,799
Year Built
- Built in 1960
Lot Details
- 1.08 Acre Lot
- Lot Dimensions are 120x390
- Rectangular Lot
Parking
- No Garage
Home Design
- Vinyl Siding
Interior Spaces
- 7 Bedrooms
- 8,242 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Ceramic Tile
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
Community Details
- 8 Units
Listing and Financial Details
- Tax Lot 25
- Assessor Parcel Number 353201-276-010-0003-025-000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,959 | $280,000 | $30,900 | $249,100 |
| 2023 | $8,816 | $280,000 | $30,900 | $249,100 |
| 2022 | $8,997 | $280,000 | $30,900 | $249,100 |
| 2021 | $8,877 | $280,000 | $30,900 | $249,100 |
| 2020 | $8,124 | $153,500 | $37,300 | $116,200 |
| 2019 | -- | $153,500 | $37,300 | $116,200 |
| 2016 | $5,177 | $153,500 | $37,300 | $116,200 |
| 2015 | -- | $153,500 | $37,300 | $116,200 |
| 2014 | -- | $153,500 | $37,300 | $116,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | For Sale | $639,900 | -- | $78 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $520,000 | Chicago Title Syracuse | |
| Deed | $80,000 | David Savlov | |
| Deed | $18,897 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $416,000 | Commercial |
Source: Central New York Information Services
MLS Number: S1619581
APN: 353201-276-010-0003-025-000-0000
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