1102 Butternut St Syracuse, NY 13208

Property Details for 1102 Butternut St

Year built

1890

Property size

3,234 SF

Property type

Residential income homes

Description

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.