1104 Butternut StSyracuse, NY 13208

For Sale
$949,999

Five-unit rental property, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
97
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.

Highlights

  • Five-unit multifamily property in Syracuse, NY.
  • 5,387 square feet on two stories, built in 1920.
  • Asking price: $949,999 ($176.35/SF, $189,999/unit).
  • Part of a three-property package.
  • Strong rental income potential in a robust rental market.
  • Value-add opportunity through renovations.

Property Details for 1104 Butternut St

Property type
Multifamily properties, Residential income homes
Square Feet
5,387 SF
Year Built
1920
Buildings
1
Stories
2
Units
5

Location Insight

City
Syracuse
County
Onondaga
State
New York
Latitude
43.0653175
Longitude
-76.1430512
1104 Butternut St, Syracuse, New York

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1104 Butternut St
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