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Property profile & analytics
OFF-MARKET
Residential income homes

1102 Butternut St Syracuse, NY 13208

3,234 SF Built 1890
Property ID
US63-0548086
Property summary
AI-generated overview

This exceptional multifamily investment opportunity in Syracuse, NY, presents a portfolio of three rental units located at 1102 and 1102 1/2 Butternut Street, zip code 13208, within Onondaga County. The property comprises two buildings, each two stories high, offering a combined total of 3,234 square feet. Built in 1890, these properties have recently undergone significant updates within the last two years, enhancing their value and appeal. The asking price for this package is $949,999, translating to approximately $293.75 per square foot and $316,666.33 per unit. The properties are situated adjacently, simplifying management and maximizing efficiency. This presents a compelling investment prospect with a strong potential for return. The convenient location in Syracuse offers easy access to local amenities and transportation networks. This is a turnkey opportunity for an investor seeking a well-maintained, high-yield multifamily property. The properties are part of a larger three-property package deal, offering further potential for expansion or consolidation. This is a rare chance to acquire a well-maintained, established rental portfolio in a desirable location.

Property profile
Verified
Property type Residential income homes
Year built 1890
Total area 3,234 SF
UPID US63-0548086
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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