116 W Manlius Street
DeWitt, NY 13057
Map
- 4 beds
- 4 baths
- 5,391 sqft
- 7,405 sqft lot
- $55 per sqft
- 1930 build
- – on site
Prime Mixed-Use Investment Opportunity – 116 W Manlius St, East Syracuse, NY. Discover the potential of this 4-unit mixed-use property in the heart of East Syracuse! 116 W Manlius St features two commercial storefronts on the first floor and two residential apartments on the second floor, offering a versatile investment opportunity. Currently, one commercial unit and both residential apartments are leased, generating a gross income of $2,750 per month. The total gross rent will be increasing to $3,000 per month effective September 1, 2025 (NOT including current vacant commercial unit). This setup presents an excellent opportunity for an owner-user looking to establish their business in the vacant commercial space while benefiting from existing rental income. Alternatively, investors can further maximize returns by leasing the remaining unit and implementing value-add improvements to achieve market-rate rents. Additional features include a small parking area in the back of the building for tenant convenience and separately metered utilities for each unit, creating ease of management. This property offers a prime chance to secure a highly visible location with significant upside potential. Just minutes from downtown Syracuse, easy access to I-690, and less than 20 minutes to the proposed Micron site. Do not miss this opportunity to own a strategically positioned asset in a growing area!
Last checked:
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Last updated Jun 30, 2025
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MLS# S1611457 —
The Building
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Year Built:1930
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Year Built Details:Existing
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Construction Materials:VinylSiding
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Basement:DirtFloor
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Foundation Details:Block
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Levels:Two
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Building Area Total:5391.0
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Building Area Source:PublicRecords
Interior
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Flooring:Laminate,Tile,Varies,Vinyl
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Fireplace:false
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Stories:2
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Stories Total:2
Room Dimensions
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Living Area:5,391 Sqft
Financial & Terms
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Rent Includes:Water
Location
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Directions:When traveling east on W Manlius St the property is located on the left after Silver St.
The Property
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Property Type:Residential
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Property Subtype:MultiFamily
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Property Condition:Resale
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Parcel Number:312601-004-000-0008-017-000-0000
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Lot Features:Rectangular,RectangularLot
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Lot Size Dimensions:43X161
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Lot Size Acres:0.17
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Lot Size SqFt:7405.0
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Lot Size Area:0.17
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Lot Size Units:Acres
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Waterfront:false
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Road Frontage Type:MainThoroughfare
Listing Agent
- Contact info:
- Agent phone:
- (315) 491-6088
- Office phone:
- (315) 491-6088
Taxes
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Tax Lot:17
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Tax Annual Amount:5527.0
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Tax Assessed Value:115400
Beds
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Bedrooms Total:4
Baths
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Total Baths:4
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Full Baths:2
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Half Baths:2
The Listing
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Virtual Tour URL Branded:https://www.propertypanorama.com/instaview-tour/syr/S1611457
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/syr/S1611457
Heating & Cooling
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Heating:Gas,Baseboard,ForcedAir
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Heating:true
Utilities
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Utilities:SewerConnected,WaterConnected
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Sewer:Connected
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Water Source:Connected,Public
Appliances
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Appliances:GasWaterHeater
Schools
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Elementary School District:East Syracuse-Minoa
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Middle Or Junior School District:East Syracuse-Minoa
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High School District:East Syracuse-Minoa
The Community
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Senior Community:false
Parking
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Parking Features:Other,ParkingAvailable,OnStreet,SeeRemarks
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/29/25
Jun 29, 2025
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Listed / Active | NYSAMLS | $299,900 | 649.8% (48.0% / YR) |
|
12/15/11
Dec 15, 2011
|
NYSAMLS | $40,000 |
