1002 Butternut Street, Syracuse, NY 13208

• 8 beds |
• 4 baths |
• 2,443 sqft

Property Description

DFT- Building financing in place and ready to go for new buyer with quick closing possible. Proudly owned, operated, and maintained by a local contractor for over 35 years, this 4-unit building has been meticulously cared for and extensively updated — with over $100,000 in improvements and remodeling within the past 3 years alone. Two units are currently vacant, allowing for easy showings and offering an ideal owner-occupant opportunity. Apartment 1 is a spacious 3-bedroom, 1-bath featuring a private front porch, large family room, and eat-in kitchen — rented by the same long-term tenant for over 30 years. Apartment 2 is a comfortable 1-bedroom, 1-bath with an open kitchen and living room — also occupied by a tenant of more than 20 years. Apartment 3 is fully remodeled with 3 bedrooms and 1 bath, showcasing a brand-new kitchen, bath, flooring, and appliances, plus a private balcony with composite decking and railings. Apartment 4 is a newly renovated 1-bedroom, 1-bath with a bright eat-in kitchen and living area. The property features vinyl siding, replacement windows, a new roof, and all separate utilities. Bonus: Because two apartments have long-term tenants, rents are currently below market, offering excellent upside potential for increased income. Easy to rent, easy to show — this is a true turn-key investment opportunity! *No leases — all tenants are month-to-month.*

Listing Status:

Active

Date Added:

October 17, 2025

Data Last Updated:

June 25, 2026 at 9:16PM

Listing Office:

Skinner & Assoc. Realty LLC : 315-373-6896

Listing Agent:

Pamela A James : 315-373-6896

MLS ID:

S1645589

Interior

• Appliances: Electric Water HeaterGas Water Heater
• Basement: Partial
• Flooring: Ceramic TileHardwoodLaminateLuxury VinylTileVariesVinyl
• Heating: ElectricGasBaseboardForced Air
• Fireplace: Fireplaces: 0

Exterior

• Style: Fourplex
• Parking: No Driveway

Construction

• General: Vinyl Siding2Stone

Location

• Originating MLS: NYS_S
• School District: Syracuse
• County: Onondaga

Lot

• Zoning: 311500-015-000-0001-035-000-0000

Utilities

• Utilities: Sewer ConnectedWater Connected
• Water: ConnectedPublic
• Sewer: Connected

Financial

• Source: NYS_S