1102 Butternut Street Syracuse, NY $ 232,500
1102 Butternut Street
$ 232,500
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1102 Butternut Street

Syracuse, NY, 13208
$ 232,500
Bedrooms10 Baths3.0 Sq 3,234

Monthly Estimate*

$ 1,432

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Multi-Family Home for sale in Syracuse, NY

for $232,500 with 10 bedrooms and 3 full baths. This 3,234 square foot home was built in 1890 on a lot size of 0.1896.

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.

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Multi-Family Active

Price

$ 232,500

Bedrooms

10

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,389

Style

MultiFamily

Lot Size

0.1896

Year Built

1890

Town/City

Syracuse

County/Region

Onondaga

MLS | Web ID

S1690849

Features
General
Sewer Connected
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasWaterHeater
Garage Spaces 0.0
Construction Materials WoodSiding
School District Syracuse
Year Built 1890
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
County Onondaga
Property Type Residential
Rent Includes Water
Full Baths 3
Status Active
City Syracuse
Senior Community Y/N No
High School District Syracuse
Number Of Units Total 3
MLS Area Syracuse City-311500
Lot Size Units Acres
Lot Size Square Feet 8258.0
Year Built Details Existing
Tax Annual Amount 3389.0
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1690849 https://www.propertypanorama.com/instaview-tour/syr/S1690849
Standard Status Active
Middle/Junior School District Syracuse
Elementary School District Syracuse
Tax Assessed Value 60000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 43
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Interior
Basement Full
Flooring LuxuryVinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 10
Main Level Bathrooms 0
Total Baths 3
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Exterior
Parking Features NoDriveway
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.1896
Building Area Total 3234.0
Lot Dimensions 41X200
Lot Size Acres 0.1896
Waterfront Y/N No
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type CityStreet
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Internal Only
Street Number 1 1102
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* Excluded Features
List By
Hunt Real Estate Era

Broker

(315) 699-3200

Phone

Affordability Calculator

$1,714
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,432
Monthly Property Taxes
$282
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
247387 Elementary School
247878 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$232,500 Listed Price

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1102 Butternut Street, Syracuse, NY, 13208 is a Multi-Family Home for sale at $232,500 with 3,234 sqft and a lot size of 0.1896. 1102 Butternut Street has 10 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 13208 which is in Syracuse, NY