tomo logo

$469,000

Beds
6
sq ft
7,418

116 E Heman St, East Syracuse, NY 13057

116 E Heman St

DeWitt, NY 13057

  • 45 days on market
Rare opportunity to purchase an apartment building with OWNER FINANCING - 30% down, 7% interest, 30-year amortization, and balloon payment in 5 years. This 6-unit building located in the desirable village of East Syracuse includes two 2-bedroom and four 1-bedroom apartments, all separately metered and rented to long term tenants. With current rents, the property grosses close to $55,000 per year. Rents are well below market rate, representing significant upside for the new owner and enormous cashflow potential. Other features include a parking lot with space for 6 vehicles plus a 6-car garage which is rented for additional income.

Details

Property type

Lot size

8,712 sq ft

Price per sq ft

$64

Year built

1925

Annual property taxes

$7,500

Price History

10/09/2024
CNYREIS

CNYREIS #S1571162

Listed
$469,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

East Syracuse-Minoa

Status: Active

Tomo last checked: 11/23/2024 at 5:20 PM

Listing updated: 10/27/2024 at 8:58 AM

Listed by: Christopher Newman, Acropolis Realty Group LLC Phone #: (315) 396-0493

MLS: CNYREIS #S1571162

CNYREIS logo

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