MP Home Team

1002 Butternut Street
Syracuse, NY, 13208
$284,900
8 Beds
4 Baths
2,443 SqFt
0.08 Acres
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MLS #S1697677 image #0
DFT- Building financing in place and ready to go for new buyer with quick closing possible. Proudly owned, operated, and maintained by a local contractor for over 35 years, this 4-unit building has been meticulously cared for and extensively updated — with over $100,000 in improvements and remodeling within the past 3 years alone. Two units are currently vacant, allowing for easy showings and offering an ideal owner-occupant opportunity. Apartment 1 is a spacious 3-bedroom, 1-bath featuring a private front porch, large family room, and eat-in kitchen — rented by the same long-term tenant for over 30 years. Apartment 2 is a comfortable 1-bedroom, 1-bath with an open kitchen and living room — also occupied by a tenant of more than 20 years. Apartment 3 is fully remodeled with 3 bedrooms and 1 bath, showcasing a brand-new kitchen, bath, flooring, and appliances, plus a private balcony with composite decking and railings. Apartment 4 is a newly renovated 1-bedroom, 1-bath with a bright eat-in kitchen and living area. The property features vinyl siding, replacement windows, a new roof, and all separate utilities. Bonus: Because two apartments have long-term tenants, rents are currently below market, offering excellent upside potential for increased income. Easy to rent, easy to show — this is a true turn-key investment opportunity! *No leases — all tenants are month-to-month.*

Property Details

Price:
$284,900
MLS #:
S1697677
Status:
ActiveUnderContract
Beds:
8
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Washington Square
Neighborhood:
syracusecity311500
Listed Date:
Jul 10, 2026
Finished Sq Ft:
2,443
Total Sq Ft:
2,443
Lot Size:
3,600 sqft / 0.08 acres (approx)
Year Built:
1945
Units:
4
Syracuse City-311500Syracusecity311500Washington SquareSyracuseProbate

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Schools

School District:
Syracuse

Interior

Appliances
Electric Water Heater, Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Ceramic Tile, Hardwood, Laminate, Luxury Vinyl, Tile, Varies, Vinyl
Heating
Electric, Gas, Baseboard, Forced Air
Levels
Two

Exterior

Construction Materials
Vinyl Siding
Lot Features
Near Public Transit, Rectangular, Rectangular Lot
Parking Features
No Driveway
Stories
2

Financial

Taxes
$4,753

Map

Community

Subdivisions in Syracuse

Market Summary

Current real estate data for Multi Family in Syracuse as of Aug 27, 2026
177
Multi Family Listed
155
Avg DOM
90
Avg $ / SqFt
$288,663
Avg List Price

Property Summary

    1002 Butternut Street Syracuse NY is a Multi Family for sale in Syracuse, NY, 13208. It is listed for $284,900

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1002 Butternut Street
Syracuse, NY