$232,500

1102 Butternut Street, Syracuse, NY 13208

  • 10 beds |
  • 3 baths |
  • 3,234 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon8,259sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $72/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Rare opportunity to acquire a 14-unit multifamily portfolio on Butternut Street in Syracuse, NY, consisting of four separate buildings including a 6-unit apartment building, 5-unit apartment building, duplex, and single-family residence. This package offers investors immediate scale in a concentrated location while providing substantial upside through future rent increases and value-add opportunities. The portfolio has been strategically managed, with four units intentionally left vacant to allow prospective buyers easy access for inspections and showings while also creating the opportunity to place tenants at current market rents immediately after acquisition. Existing occupancy provides in-place cash flow, while the vacant units offer a clear path to increased revenue. Ownership has maintained compliance where applicable, with 1104 Butternut Street and 1106 Butternut Street holding current Certificates of Compliance, and 1102 Butternut Street maintaining a rental registry. The portfolio’s close proximity of assets creates operational efficiencies for management, maintenance, and leasing. Whether you’re looking to expand an existing Syracuse portfolio or establish a larger presence in one acquisition, this offering delivers a combination of current income, rental upside, and strong long-term return potential. Opportunities to acquire 14 units across four neighboring assets in a single transaction are increasingly rare. Properties included: S1690839- 1104 Butternut St, Syracuse NY 13208 S1690829- 1106 Butternut St, Syracuse, NY 13208 (14 total units across four buildings). Portfolio must be sold as a package.

Listing Status:
Active
Date Added:
June 16, 2026
Data Last Updated:
June 25, 2026 at 8:16PM
Listing Office:
Hunt Real Estate ERA : 315-699-3200
Listing Agent:
Zachary Johnson : 315-699-3200
MLS ID:
S1690849
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: Luxury Vinyl
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • Parking: No Driveway
  • General: Wood Siding2
  • Road/Access: City Street
  • Originating MLS: NYS_S
  • School District: Syracuse
  • County: Onondaga
  • Zoning: 311500-015-000-0001-043-000-0000
  • Utilities: Sewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_S

This listing courtesy of Zachary Johnson , Hunt Real Estate ERA

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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