116 E Heman St Dewitt, NY 13057
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, 30-year amortization, 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
- MLS Number: S1584232
- 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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Last updated on: 3/15/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$469,000
116 E Heman St
$5,569
closing credit¹
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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. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
NHRA Drag Racing
Pro Boxing
Where do the neighbors shop?
Chico's
Big Lots
Family Dollar
Where do the neighbors go to eat?
Bob Evans
Golden Corral
White Castle
What do the neighbors drive?
Oldsmobile
Kia
Chevrolet
What do the neighbors listen to?
News
Adult Standards
Rock
Frequently asked questions
About 116 E Heman St
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 January 13, 2025 and is currently priced at $469,000.
In February 2025, from all listings sold in Dewitt, NY there were more than 3 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Dewitt, NY between January and February 2025 decreased by 22.2%. While the average time on the market in February 2025 was 44 days, the median list price was $237,000.