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557 Main Street 559/561, Hyannis, MA 02601
About this home
Finally a large downtown multi family residential complex in a commercial MA-1 zone- 11-13 units (owner pursuing permits for 2 more 1 bedrommunits), 18-20 bedrooms and 11-13+ baths, 3 buildings,and separate adjacent condo cottage (557 and 559 main St and 561 Condo cottage).. Many upgrades, parking for up to 11, some long term tenants, Gross income $129,156 (not including 2 new units if approved).Gross net after expenses $96,967.80. Developement potential? retirement income? 1031 exchange? Town water /town sewer.

Redfin Estimate
Market trends in 02601, MA
Last updated September 2026
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Provided by Redfin
Sale history for 557 Main Street 559/561
$193/sq ft
$144/sq ft
$160/sq ft
$177/sq ft
Tax history for 557 Main Street 559/561
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: Driveway, Unpaved
Interior
- Interior Features
- Interior Features: Attic Storage
Exterior
- Exterior Features
- Construction Materials: Clapboard, Shingle Siding, Vinyl Siding, Aluminum Siding
- Roof: Asphalt, Pitched
- Lot Information
- Lot Features: Level
- Building Information
- Year Built: 1920
Location
- Location Information
- Directions: Main St on Left, opp Basset lane, small entrance between T shirt shop and restaurant, continure to left rear.
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 10,454 square feet
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Barnstable County
- APN: 2220862
Around this home
Schools
Public K-3 • Assigned • 1.4mi
Public 8-12 • Assigned • 1.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 88° expected this year, 20 days in 30 years
80% chance of strong winds in next 30 years
2 unhealthy days expected this year, 3 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Nearby similar homes
Sorry, we don't have any nearby similar homes to display. See all homes for sale in 02601
New listings for sale in 02672
Home values near 557 Main Street 559/561
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 600 Sq. Ft. | $265,565 |
2 Beds | 2 Baths | 1466 Sq. Ft. | $605,064 |
| Address | Redfin Estimate |
|---|---|
14 Beds | 14 Baths | 5742 Sq. Ft. | — |
3 Beds | 1.5 Baths | 2140 Sq. Ft. | $692,768 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1626 Sq. Ft. | $625,586 |
1 Beds | 1 Baths | 616 Sq. Ft. | $300,241 |
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