Map
Link Copied
Listed price in listed location currency (USD).
$469,000

600

MLS® S1621195

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 7418 sqft
Garage Yes
Maintenance Fees 
Taxes $8,335
Approx. Age 1925
Avg. Price Per Sqft $63
MLS® Number S1621195

Property Address: 116 E Heman St, East Syracuse, NY, 13057-2268

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberS1621195
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1925
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
-Sold Price

Pending

Jul 9, 2025List Date
$469,000List Price
  • Commute

Commute

Starting Address
Destination Address
116 E Heman St, East Syracuse, NY

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties