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.
Active
$465,000
1106 Butternut St, Syracuse, NY 13208
6beds
0baths
5,199sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$89/sqft
$-- HOA
What's special
- 18 days |
- 170 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Hunt Real Estate ERA 315-699-3200,
Zachary Johnson 315-699-3200
Source: NYSAMLSs,MLS#: S1690829
Originating MLS: Syracuse
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 0
Heating
- Gas, Forced Air
Appliances
- Included: Appliances Negotiable, Gas Water Heater
Features
- Flooring: Luxury Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 5,199
- Total interior livable area: 5,199 sqft
Video & virtual tour
Property
Parking
- Parking features: None, No Driveway, No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,975 Square Feet
- Dimensions: 47 x 210
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 31150001500000010450000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other, Vinyl Siding
- Roof: Asphalt
Condition
- Resale
- Year built: 1920
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Other, See Remarks
Location
- Region: Syracuse
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $100,000
- Annual tax amount: $6,007
- Date on market: 6/16/2026
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $465,000-51.1%$89/sqft |
Source: | ||
| 2/26/2025 | Listing removed | $949,999$183/sqft |
Source: | ||
| 2/7/2025 | Listed for sale | $949,999$183/sqft |
Source: | ||
| 1/17/2025 | Contingent | $949,999$183/sqft |
Source: | ||
| 8/15/2024 | Listed for sale | $949,999-9.5%$183/sqft |
Source: | ||
| 8/12/2024 | Listing removed | -- |
Source: | ||
| 6/24/2024 | Listed for sale | $1,049,999+570.5%$202/sqft |
Source: | ||
| 12/2/2021 | Sold | $156,600-10.5%$30/sqft |
Source: | ||
| 1/20/2021 | Listing removed | -- |
Source: | ||
| 9/10/2020 | Price change | $175,000-10.3%$34/sqft |
Source: Coldwell Banker Prime Prop,Inc #S1253652 Report a problem | ||
| 3/9/2020 | Price change | $195,000-65.1%$38/sqft |
Source: Coldwell Banker Prime Properties #S1253652 Report a problem | ||
| 3/4/2020 | Listed for sale | $559,000+347.2%$108/sqft |
Source: Coldwell Banker Prime Prop,Inc #S1253652 Report a problem | ||
| 12/15/2019 | Listing removed | $125,000$24/sqft |
Source: CENTURY 21 Tucci Realty #S1203071 Report a problem | ||
| 9/6/2019 | Price change | $125,000-3.8%$24/sqft |
Source: CENTURY 21 Tucci Realty #S1203071 Report a problem | ||
| 6/19/2019 | Listed for sale | $130,000$25/sqft |
Source: Century 21 Tucci Realty #S1203071 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Northside
Nearby schools
GreatSchools rating
- 3/10Franklin Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Grant Middle SchoolGrades: 6-8Distance: 0.7 mi
- 1/10Henninger High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Syracuse
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Onondaga County
- Syracuse
- 13208
- Northside
- 1106 Butternut St








