See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1102 Butternut St, Syracuse, NY, 13208

10beds
3baths
3,234sqft
$232,500
$72price/sqft
$2,291/moest. monthly cost
$91,640/yrincome needed

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.

Getting Around

76
WalkingVery Walkable
40
TransitSome Transit
59
BikeBikeable

Schools

2/10
2/10
Grant Middle SchoolGrades 6-80.7 mi
1/10
Henninger High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1890

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Luxury Vinyl

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 3,234
  • Total interior livable area: 3,234 sqft

Property

Details

  • Parcel number: 31150001500000010430000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 8,258 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 41 x 200

Parking

  • Parking features: No Driveway

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather

FEMA Declared Disasters in Onondaga County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,175$14,100
Home Insurance *$152$1,824
Property Taxes $430$5,160
Electricity $534$6,413
Total$2,291$27,492
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,548/yr
40% on housing$68,730/yr
45% on housing$61,093/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.5%
3.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$72This listing

vs Other Active Listings

Avg $/sqft

ZIP 13208$116
Onondaga County$200

vs Homes Sold Last Month

Median $/sqft

ZIP 13208$135
Onondaga County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-16Listed for sale$232,500
2025-02-26Listing removed$949,999
2025-02-07Listed for sale$949,999
2025-01-17Contingent$949,999
2024-08-15Listed for sale$949,999
2024-08-12Listing removed--
2024-06-17Price change$1,049,999
2024-04-24Listed for sale$1,060,000
2024-02-22Listing removed--
2023-11-09Listed for sale$988,600

For Sale by Agent

AgentZachary Johnson
BrokerageHunt Real Estate ERA

Similar Homes