$469,000
- Beds
- 6
- sq ft
- 7,418
116 E Heman St, East Syracuse, NY 13057
116 E Heman St
DeWitt, NY 13057
- 50 days on market
Rare opportunity to purchase an apartment building with OWNER FINANCING - seller is asking for 20% 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 one 2-bedroom and five 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
01/13/2025
CNYREIS #S1584232
Listed
$469,000
01/08/2025
CNYREIS #S1571162
Removed
$469,000
10/09/2024
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: 03/05/2025 at 2:30 PM
Listing updated: 01/23/2025 at 1:19 PM
Listed by: Christopher Newman, Acropolis Realty Group LLC Phone #: (315) 396-0493
MLS: CNYREIS #S1584232
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