#156347, Jessica Bennett, Karen Climo, Listing office: William Pitt Sothebys Intnl
Property details
About 116 E Heman St
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.
Highlights
Virtual tour
Summary
- Appliances: Range, Gas Water Heater, Oven, Refrigerator
- Basement: Yes
- Flooring Type: Carpet, Hardwood, Tile, Varies, Vinyl
- Total Bedroom Count: 6
- Garage Space: 1 space
- Parking: One Space, Driveway, Garage
- Exterior: Blacktop Driveway
- Heating: Natural Gas, Baseboard, Hot Water
- List Price: $469,000
- Price/SqFt: $63
- Lot: Corner Lot, Near Public Transit, Rectangular Lot
- Directions: E Heman St
- Year Built: 1925
- Stories: 3
- Living Area: 7,418 SqFt
- Lot Size: 0.2 Acres
- MLS Number: S1621195
- MLS Name: NYS
- Office Name: Acropolis Realty Group LLC
- Office Phone: (315) 396-0493
- Office Email: sfcase@gmail.com
- Listing Agent: Christopher Newman
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Price information
Property sales
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Tax history
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Nearby schools
4
East Syracuse Elementary School
Public District KG-5
0.3 mi
•230 Kinne St
6
Moses Dewitt Elementary School
Public District KG-4
2.4 mi
•201 Jamesville Rd
6
Woodland Elementary School
Public District KG-5
2.5 mi
•100 Spartan Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,114. Residents of Dewitt, NY typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 116 E Heman St
The listing price of 116 E Heman St property is $469,000.
The property 116 E Heman St is a house located in Dewitt, New York, 13057.
Active Listing: 116 E Heman St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 116 E Heman St are: East Syracuse Elementary School (GreatSchools Rating 4/10), Moses Dewitt Elementary School (GreatSchools Rating 6/10), Woodland Elementary School (GreatSchools Rating 6/10), H. W. Smith PK-8 School (GreatSchools Rating 2/10), Huntington PK-8 School (GreatSchools Rating 3/10), Pine Grove Middle School (GreatSchools Rating 5/10), Nottingham High School (GreatSchools Rating 2/10), East Syracuse-Minoa Central High School (GreatSchools Rating 6/10), Henninger High School (GreatSchools Rating 1/10).
The property at 116 E Heman St has 6 bedrooms and 0 bathroom.
The property 116 E Heman St is 7,418 SqFt (source: MLS/tax record).
The year of construction for 116 E Heman St is 1925.
This home is located at 116 E Heman St in Dewitt, NY and zip code 13057. This 7,418 square foot home, which was built in 1925, sits on a 0.20 acre lot. Features: 6 bedrooms, 0 bathroom. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $469,000.
In June 2025 more than 11 listings in Dewitt, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Dewitt, NY between May and June 2025 decreased by 4.9%. In June 2025 median list price was $237,000 and the average listing age was 6 days.