116 E Heman Street, East Syracuse, NY 13057

Local realty services provided by:HUNT Real Estate ERA
116 E Heman Street,East Syracuse, NY 13057
$469,000
Virtual Tour
  • 6 Beds
  • - Baths
  • 7,418 sq. ft.
  • Multi-family
  • Pending
Listed by: christopher newman
Office: acropolis realty group llc.
MLS#:S1621195
Source:NY_GENRIS

Price summary

  • Price:$469,000
  • Price per sq. ft.:$63.22

About this home

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.

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Home facts

  • Year built:1925
  • Listing ID #:S1621195
  • Added:446 day(s) ago
  • Updated:December 31, 2025 at 08:44 AM

Rooms and interior

  • Bedrooms:6
  • Living area:7,418 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas, Hot Water

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1925
  • Building area:7,418 sq. ft.
  • Lot area:0.2 Acres

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$469,000
  • Price per sq. ft.:$63.22
  • Tax amount:$8,335

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