Kevin Faatz
Acropolis Realty Group LLC
(315) 640-4696
95 Total Sales
2 in East Syracuse
$164,945 Price Range
116 E Heman St East Syracuse, NY 13057
East Syracuse Area
6
Beds
1
Bath
7,418
Sq Ft
8,712
Sq Ft Lot
Highlights
- Property is near public transit
- Corner Lot
- 1 Car Garage
- Wood Flooring
- Baseboard Heating
About This Home
As of January 2026Rare 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.
Last Agent to Sell the Property
Listing by Acropolis Realty Group LLC License #10301218603 Listed on: 07/09/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,335
Year Built
- Built in 1925
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 60x145
- Corner Lot
- Rectangular Lot
Parking
- 1 Car Garage
- Driveway
Home Design
- Siding
- Copper Plumbing
Interior Spaces
- 6 Bedrooms
- 7,418 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Free-Standing Range
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Location
- Property is near public transit
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
Community Details
- 6 Units
- 6 Separate Gas Meters
Listing and Financial Details
- Rent includes common area maintenance, snow removal, water
- Tax Lot 9
- Assessor Parcel Number 312601-002-000-0010-009-000-0000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2025
Closed on
Jan 11, 2026
Sold by
Bought by
Seller's Agent
Christopher Newman
Acropolis Realty Group LLC
Buyer's Agent
Andrea Bucci
Acropolis Realty Group LLC
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%
Views
163
Purchase Details
Closed on
Jan 24, 2006
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Syracuse, NY
-
Kevin Faatz
-
Robert Habberfield
Robert Habberfield
Coldwell Banker Prime Prop,Inc
(315) 470-0661
41 Total Sales
2 in East Syracuse
$107,000 Price Range
-
Lynn Boucher
Lynn Boucher
Coldwell Banker Faith Properties
(315) 953-0181
197 Total Sales
1 in East Syracuse
$210,000 Price
-
Connor Schwartz
Connor Schwartz
The O'Hara Group
(315) 640-3977
147 Total Sales
4 in East Syracuse
$230K - $390K Price Range
-
Susan Li
Susan Li
Coldwell Banker Prime Prop,Inc
(315) 640-3446
192 Total Sales
3 in East Syracuse
$165K - $220K Price Range
-
Gaetano Belmonte
Gaetano Belmonte
Hunt Real Estate ERA
(680) 220-4836
121 Total Sales
2 in East Syracuse
$153,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $450,000 | -- | ||
| $125,000 | Dana F Grillo |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2026 01/23/26 | Sold | $450,000 | -4.1% | $61 / Sq Ft |
| 07/22/2025 07/22/25 | Pending | -- | -- | -- |
| 07/09/2025 07/09/25 | For Sale | $469,000 | -- | $63 / Sq Ft |
Source: Central New York Information Services
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,555 | $192,500 | $15,000 | $177,500 |
| 2024 | $8,335 | $175,000 | $15,000 | $160,000 |
| 2023 | $7,231 | $145,000 | $15,000 | $130,000 |
| 2022 | $6,970 | $121,300 | $15,000 | $106,300 |
| 2021 | $6,742 | $105,500 | $15,000 | $90,500 |
| 2020 | $6,715 | $105,500 | $15,000 | $90,500 |
| 2019 | $2,896 | $105,500 | $15,000 | $90,500 |
| 2018 | $6,858 | $105,500 | $15,000 | $90,500 |
| 2017 | $2,744 | $105,500 | $15,000 | $90,500 |
| 2016 | $6,865 | $105,500 | $15,000 | $90,500 |
| 2015 | -- | $105,500 | $15,000 | $90,500 |
| 2014 | -- | $105,500 | $15,000 | $90,500 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Newman
Seller's Agent in 2026
Christopher Newman
Acropolis Realty Group LLC
(315) 412-1975
183 Total Sales
-
Andrea Bucci
Buyer's Agent in 2026
Andrea Bucci
Acropolis Realty Group LLC
(315) 430-3693
38 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1621195
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