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Property at 1106 Butternut Street, Syracuse, NY 13208
ACTIVE
0
$465,000

1106 Butternut StreetSyracuse, NY, 13208

6 Beds5,199 SqFt0.229 Acres
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: S1690849- 1102 Butternut St, Syracuse NY 13208 S1690839- 1104 Butternut St, Syracuse, NY 13208 (14 total units across four buildings). Portfolio must be sold as a package.
1 / 36

Est. Monthly

$2,204/MO

$465,000

1106 Butternut Street, Syracuse, NY

6 Beds5,199 SqFt0.229 Acres

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: S1690849- 1102 Butternut St, Syracuse NY 13208 S1690839- 1104 Butternut St, Syracuse, NY 13208 (14 total units across four buildings). Portfolio must be sold as a package.

StatusActive
Property TypeMulti Family
Property SubtypeOther
Year Built1920

Est. Monthly Payment

$2,204.09

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

1106 Butternut Street

Syracuse, NY 13208 • Onondaga
6
Beds
—
Baths
5,199
SqFt
0.229
Acres
Status
Active
Property Type
Multi Family
Property Subtype
Other
Year Built
1920106 years ago
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $6,007
Property History
  • Listed for sale
    Jun 16, 2026 • NYSAMLS • S1690829
    $465,000
Mortgage Calculator
Estimated monthly payment for this property
$2,204.09
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    S1690829
  • Listing Office
    Hunt Real Estate ERA
  • Last Updated
    17 minutes ago

Appliances

  • Appliances
    • Appliances Negotiable
    • Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Forced Air

Interior Features

  • Flooring
    Luxury Vinyl
  • Basement
    Full

Parking

  • Parking Features
    • None
    • No Driveway
    • No Garage

Lot & Grounds

  • Lot Size
    0.229 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot
    • Residential Lot

Type

  • Property Type
    Multi Family
  • Property Subtype
    Other

Structure

  • Construction
    • Other
    • Vinyl Siding
  • Roof
    Asphalt

Condition

  • Year Built
    1920
  • Condition
    Resale
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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