2 months on rocket

116 E Heman St, Dewitt, NY, 13057

$469,000

Home List Price

$5,569*

Closing Credit

6 Bedrooms
0 Baths
7,418 SqFt
$63/SqFt
House

Location

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116 E Heman St, East Syracuse$469,000

Buyer Closing Credits

$5,569*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOne Space, Driveway, Garage
Garage1 space
Year Built1925
HeatingNatural Gas, Hot Water
BasementYes
MLS #S1571162
Lot Size0.20 Acres
StatusActive

About 116 E Heman St

Rare opportunity to purchase an apartment building with OWNER FINANCING - 30% 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 two 2-bedroom and four 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.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 3
  • Living Area: 7,418 SqFt

Listing Office:

  • Office Name: Acropolis Realty Group LLC
  • Office Phone: (315) 396-0493
  • Listing Agent: Christopher Newman

Interior Features

Interior Information:

  • Appliances: Range, Gas Water Heater, Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate, Varies, Vinyl

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Blacktop Driveway

Parking Information:

  • Garage Space: 1 space
  • Parking: One Space, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 116 E Heman St
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Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: E Heman St

Price Information

Listing Price Info

Price Summary:

  • List Price: $469,000
  • Price Per SqFt: $63/SqFt
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Housing Market Comparison

See how this home compares to others in East Syracuse, NY.

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East Syracuse, NY

City

Med. Sold Price

$230K

Med. Price/SqFt

$156

Avg. Days On Market

9

# of Sold Homes

11

116 E Heman St vs East Syracuse

68 DAYS ON ROCKET

+59 Days

$469,000

+$239K More

$63/SqFt

-$94 Less

KEY TAKEAWAY

This property is $239K more than the Median Sold Price and $94/SqFt less than other homes in East Syracuse, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #S1571162

Listing Office:

  • Office Name: Acropolis Realty Group LLC
  • Office Phone: (315) 396-0493
  • Listing Agent: Christopher Newman

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/18/2024, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,408

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,473

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4491023
3
/10

  • East Syracuse Elementary School

  • 230 Kinne St

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-4491024
5
/10

  • Fremont Elementary School

  • 115 W Richmond Rd

  • 1.88 miles

  • Public District Grades KG-5

school-card-donut-4491025
6
/10

  • Moses Dewitt Elementary School

  • 201 Jamesville Rd

  • 2.36 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,114. Most East Syracuse, NY residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 E Heman St

What is the listing price of this property?

The listing price of 116 E Heman St property is $469,000.

What type of property is this?

The property 116 E Heman St is a house located in Dewitt, New York, 13057.

Is this property for sale now?

Active Listing: 116 E Heman St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 116 E Heman St has 6 bedrooms.

What is the square footage of this property?

The property 116 E Heman St is 7,418 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 E Heman St is 1925.

Rocket Homes›New York›Onondaga County›East Syracuse›13057›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. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $469,000.

In November 2024 more than 8 listings in East Syracuse, NY were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. The number of listings in East Syracuse, NY decreased by 22.4% between October 2024 and November 2024. In November 2024 median list price was $230,000 and the average listing age was 9 days.

From Rocket Homes Real Estate and based on county public records data.

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