Do Real Estate on the Go!
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Do Real Estate on the Go!
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$469,000
6 Beds
-- Bath
7,418sqft
116 E Heman St, De Witt, NY 13057
$469,000
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Multi Family
Built in 1925
$-- HOA
0.2 acre lot
$63/sq.ft
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.
- Houzeo last checked: 17 Minutes ago
- Listing updated: July 22, 2025 at 5:45 pm
- Listing Provided by: Christopher Newman (315) 396-0493 DRE #10301218603 | Acropolis Realty Group LLC (315) 396-0493
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: S1621195
Property Details
Status
Pending
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1925
HOA Fees
-
Finished Area
7,418 sqft
Lot Size
0.2 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
S1621195
MLS Status
Pending
Days on Market
150
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