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
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.
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