1106 Butternut St Syracuse, NY 13208
This exceptional investment opportunity presents a six-unit multifamily property located at 1106 Butternut Street, Syracuse, New York, 13208. The property, built in 1920, boasts a total of 5,199 square feet across two stories in a single building. Currently configured as six individual rental units, this portfolio offers a compelling price per unit of $158,333.17, with an overall asking price of $949,999. The price per square foot is $182.73. This property is part of a larger three-property package, offering significant potential for investors seeking a strong return. The property's location in Onondaga County provides access to a robust rental market. Detailed financial information, including projected cash-on-cash returns, is available upon request. This is an excellent opportunity to acquire a well-positioned multifamily asset in a desirable Syracuse neighborhood. The property's solid construction and established rental history make it an attractive investment for both seasoned and emerging real estate investors. Further due diligence is encouraged to fully assess the investment potential of this promising opportunity. This offering includes the building at 1106 Butternut Street only; other properties in the package are sold separately.
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.