116 E Heman Street, Dewitt, NY 13057
- $450,000
- 6
- BD
- 7,418
- SqFt
- Sold Price
- $450,000
- List Price
- $469,000
- Status
- CLOSED
- MLS#
- S1621195
- Closing Date
- Jan 23, 2026
- Year Built
- 1925
- Stories
- 3
- Bedrooms
- 6
- Acres
- 0.20
- Living Area
- 7,418
- Region
- East Syracuse
Property Description
Rare opportunity to purchase an apartment building with OWNER FINANCING - seller is asking for 20% down, 7% interest, 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.
Additional Information
- Taxes
- $8,335
- Exterior Features
- Blacktop Driveway
- School District
- East Syracuse-Minoa
- Water
- Connected, Public
- Sewer
- Connected
- Garage Spaces
- 1
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Listing courtesy of Acropolis Realty Group LLC. Contact:
Selling Office: Acropolis Realty Group LLC.