1102 Butternut Street, Syracuse, NY 13208

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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.

1102 Butternut Street | MLS# S1690849

This multi-family property located at 1102 Butternut Street, Syracuse, NY 13208 is currently listed for sale with an asking price of $232,500. Butternut Street is located within the Syracuse school district. Search Syracuse real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Lot Size: 0.19 Acres
Stories: 2.0
Taxes: $3,389
Year Built: 1890

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 2
Exterior: Wood Siding
Flooring: Luxury Vinyl
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 41X200
Parcel#: 311500-015-000-0001-043-000-0000
Parking: No Driveway
Parking Notes: No Driveway
Sewer: Connected
Units: 3
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Syracuse

Estimate Your Payment

Estimated Payment

$ 867.67 per month $517.44 Principal & Interest $282.42 Property Tax $67.81 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Hunt Real Estate ERA
Agency Phone: 315-699-3200

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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