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Four-Building 14-Unit Multifamily Portfolio
For Sale
$465,000

1106 Butternut St, Syracuse, NY 13208

Four neighboring buildings total 14 units, including certificates of compliance for two addresses and four units currently vacant.

Property Size5,199 SF
Days on Market77

Property Features for 1106 Butternut St

General Information

Standard status Active
Size 5,199 SF
Property subtype Investment

Additional Details

Multifamily Units 14

Taxes and HOA fees

Annual Taxes $6,007

Building Details

Building Size 5,199 SF
Year Built 1920
Stories 2
Units 6
Listing Agency: Hunt Real Estate ERA
Listed By: Zachary Johnson · License #10401317011
Source: Elliman
Added: Jun 22 Changed: Aug 31 Last Checked: Sep 5 at 12:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hunt Real Estate ERA

Investment Insights

Based on property information with market context.

This for-sale multifamily portfolio includes four separate buildings totaling 14 units: a 6-unit apartment building, a 5-unit apartment building, a duplex, and a single-family residence. The package includes four units left vacant to support buyer inspections and showings, with the remaining units providing in-place occupancy.

The assets are located in Syracuse, NY. Ownership has maintained compliance where applicable, with Certificates of Compliance currently held for 1104 Butternut Street and 1106 Butternut Street, and a rental registry maintained for 1102 Butternut Street.

The close proximity of the buildings is designed to support operational efficiency for management, maintenance, and leasing across the portfolio in a single transaction.

Key Highlights

  • 14‑unit multifamily portfolio on Butternut Street in Syracuse, NY across four neighboring buildings
  • Building mix includes one 6‑unit, one 5‑unit apartment building, one duplex, and one single‑family residence
  • Certificates of Compliance reported for 1104 and 1106 Butternut Street

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

1,587
Businesses Nearby

Demographics for 13208, NY

23,603
Population
10,325
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
77%
High-School Grad
4.1 sq mi
ZIP Area
5,757
Density / Sq Mi
$40,641
Median Household Income
$35,015
Median Earnings
$999
Median Rent
$110,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four neighboring buildings total 14 units, including certificates of compliance for two addresses and four units currently vacant.
Where is this apartment building located?
The property is located at 1106 Butternut St Syracuse, NY.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 14‑unit multifamily portfolio on Butternut Street in Syracuse, NY across four neighboring buildings; Building mix includes one 6‑unit, one 5‑unit apartment building, one duplex, and one single‑family residence; Certificates of Compliance reported for 1104 and 1106 Butternut Street
More about this property
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