1002 Butternut Street, Syracuse

$292,000

8 Beds
4 Baths
2,443 Sqft
.08 Acres
0 Garages

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.*

Essential Information
MLS® #S1645589
Price$292,000
Bedrooms8
Bathrooms4.00
Full Baths4
Square Footage2,443
Square Footage3600
Acres0.08
Year Built1945
TypeResidential
Sub-TypeMulti Family
StyleFourplex
StatusActive
Community Information
Address1002 Butternut Street
AreaSyracuse City
SubdivisionWashington Square
CitySyracuse
CountyOnondaga
StateNY
Zip Code13208
Amenities
ParkingNo Driveway
GaragesNo Driveway
Utilities

Sewer Connected, Water Connected, Water

Features

Near Public Transit, Rectangular, Rectangular Lot

Interior
# of Stories2
Stories2
Has BasementYes
BasementPartial
Interior

Ceramic Tile, Hardwood, Laminate, Luxury Vinyl, Tile, Varies, Vinyl

Appliances

Electric Water Heater, Gas Water Heater

Heating

Electric, Gas, Baseboard, Forced Air

Exterior
ExteriorVinyl Siding
ConstructionVinyl Siding
FoundationStone
Lot Description

Near Public Transit, Rectangular, Rectangular Lot

School Information
DistrictSyracuse
Listing Details
Listing Courtesy of Skinner & Assoc. Realty LLC
Office #315-373-6896
Property History
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Price Reduced from $309,900 to $292,000
Status Changed from Pending to Active
Status Changed from Active to Pending
Show All History (7)
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