Estimated payment $1,545/month
Rare opportunity to acquire a 14-unit multifamily portfolio on Butternut Street in Syracuse, NY, consisting of four separate buildings including a 6-unit apartment building, 5-unit apartment building, duplex, and single-family residence. This package offers investors immediate scale in a concentrated location while providing substantial upside through future rent increases and value-add opportunities.
The portfolio has been strategically managed, with four units intentionally left vacant to allow prospective buyers easy access for inspections and showings while also creating the opportunity to place tenants at current market rents immediately after acquisition. Existing occupancy provides in-place cash flow, while the vacant units offer a clear path to increased revenue. Ownership has maintained compliance where applicable, with 1104 Butternut Street and 1106 Butternut Street holding current Certificates of Compliance, and 1102 Butternut Street maintaining a rental registry. The portfolio’s close proximity of assets creates operational efficiencies for management, maintenance, and leasing.
Whether you’re looking to expand an existing Syracuse portfolio or establish a larger presence in one acquisition, this offering delivers a combination of current income, rental upside, and strong long-term return potential. Opportunities to acquire 14 units across four neighboring assets in a single transaction are increasingly rare.
Properties included: S1690839- 1104 Butternut St, Syracuse NY 13208
S1690829- 1106 Butternut St, Syracuse, NY 13208 (14 total units across four buildings). Portfolio must be sold as a package.
Listing Agent
Listing by Hunt Real Estate ERA License #10301222752 Listed on: 06/16/2026
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,515 | $60,000 | $12,000 | $48,000 |
| 2024 | $1,670 | $60,000 | $12,000 | $48,000 |
| 2023 | $1,679 | $60,000 | $12,000 | $48,000 |
| 2022 | $1,723 | $60,000 | $12,000 | $48,000 |
| 2021 | $1,723 | $60,000 | $12,000 | $48,000 |
| 2020 | $1,755 | $60,000 | $12,000 | $48,000 |
| 2019 | $1,742 | $60,000 | $12,000 | $48,000 |
| 2018 | $1,742 | $60,000 | $12,000 | $48,000 |
| 2017 | $1,663 | $60,000 | $12,000 | $48,000 |
| 2016 | $1,681 | $60,000 | $12,000 | $48,000 |
| 2015 | -- | $60,000 | $12,000 | $48,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/16/2026 06/16/26 | For Sale | $232,500 | +153.5% | $72 / Sq Ft | |
| 12/02/2021 12/02/21 | Sold | $91,700 | -23.6% | $28 / Sq Ft | View Prior Sale |
| 04/07/2021 04/07/21 | Pending | -- | -- | -- | |
| 03/03/2021 03/03/21 | For Sale | $120,000 | -- | $37 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $380,000 | None Available | |
| Warranty Deed | $194,170 | -- | |
| Deed | $58,000 | Douglas Taylor | |
| Deed | -- | -- | |
| Deed | $10,000 | Robert S Temle | |
| Land Contract | $66,900 | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $213,750 | Commercial | |
| Previous Owner | $140,000 | Commercial |
Hi, I’m Zach Johnson — a lifelong Central New Yorker and a full-time real estate professional with 10 years of experience helping families buy and sell homes with confidence. I’ve owned and managed many local rental units myself, which gives me a unique understanding of how homes should function, what buyers look for, and how to spot issues before they become surprises.
As a partner of Nova Property Management, I stay deeply involved in the day-to-day realities of housing, maintenance, and
$465,000
Rare opportunity to acquire a 14-unit multifamily portfolio on Butternut Street in Syracuse, NY, consisting of four separate buildings including a 6-unit apartment building, 5-unit apartment building, duplex, and single-family residence. This package offers investors immediate scale in a concentrated location while providing substantial upside through future rent increases and value-add
Zachary Johnson Hunt Real Estate ERA
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Rare opportunity to acquire a 14-unit multifamily portfolio on Butternut Street in Syracuse, NY, consisting of four separate buildings including a 6-unit apartment building, 5-unit apartment building, duplex, and single-family residence. This package offers investors immediate scale in a concentrated location while providing substantial upside through future rent increases and value-add
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Source: Central New York Information Services
MLS Number: S1690849
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