benny.estate
For SaleMLS # S16908490 days on market

1102 Butternut Street

Syracuse, NY 13208 · Onondaga County

Price

$232,500

Bed / Bath

10 bd · 3 ba

Interior

3,234 sqft

Lot

8,259 sqft lot

Built

1890

About this home

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.

Appliances

  • Gas Water Heater

Mechanical

Heating

Gas, Forced Air

Schools

District

Syracuse

Tax & finance

Annual taxes

$3,389

Financing

Cash

Location

Syracuse, NY 13208 · Onondaga County

MLS Attribution

Listing courtesy of Hunt Real Estate ERA. Listing agent: Zachary Johnson. Data last updated 6/16/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.