1104 Butternut St Syracuse, NY 13208
This exceptional investment opportunity presents a five-unit multifamily property located at 1104 Butternut Street, Syracuse, NY 13208, within Onondaga County. The property, built in 1920, boasts a total of 5,387 square feet across two stories. Each unit offers significant rental income potential, contributing to a strong overall return on investment. The asking price for this property is $949,999, translating to approximately $176.35 per square foot and $189,999.80 per unit. This is part of a larger three-property package, offering further investment diversification. The property's location in Syracuse provides access to a robust rental market. The building's age presents opportunities for value enhancement through strategic renovations or upgrades. Detailed financial projections and further information are available upon request. This is a rare chance to acquire a well-situated multifamily property with proven income generation capabilities in a desirable location. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.