Active
116 East Heman Street
De Witt NY, 13057
$469,000
$63.22 per sqft
Active
6 Beds
7,418 sqft
Other
Built in 1925
Rare opportunity to purchase an apartment building with OWNER FINANCING - seller is asking for 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 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.
S1584232
MLSⓇ ID
January 13, 2025
Listed
January 14, 2025
Updated
Map
116 East Heman Street
De Witt NY, 13057
Interior Features
Total Stories
3
Bedrooms
6
Interior Features
Natural Woodwork
Appliances
Free-Standing Range, Gas Water Heater, Oven, Refrigerator
Floor Description
Carpet, Hardwood, Varies, Vinyl
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Gas, Baseboard, Hot Water
Exterior/Building Features
Lot Size
0.2 Acres
Exterior Features
Blacktop Driveway
Lot Features
Corner Lot, Rectangular, Residential Lot
Roof
Asphalt, Shingle
Sewer
Connected
School Information
School District
East Syracuse-Minoa
Other Property Details
Area Name
East Syracuse-Village-312601
Taxes
$7,500
Tax Frequency
Annually
Garage
Yes
Garage Spaces
1
Parking
One Space, Driveway, Garage
View
No
County
Onondaga
Municipality
East Syracuse-Village
Water Source
Connected, Public
Pool
No
Courtesy of Acropolis Realty Group LLC, Christopher Newman
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Data last updated 12:37 AM UTC, 1/14/2025