




240 Kirk Ave #44, Syracuse, NY, 13205
About This Home
Investors, this is a true value-add opportunity in Syracuse with a clear path to profit. This 7,500 sq ft, 6-unit property features six 2-bedroom, 1-bath apartments and has already seen significant capital improvements, including updated electrical and plumbing systems. The heavy lifting has been done. What remains is the interior build-out and final finishes, including interior completion, giving the next owner the ability to step in and drive the final phase of the project. Each unit offers a strong 2-bedroom layout in a market with consistent rental demand. Utilities are separately metered, including water, helping to control operating expenses. Laundry hookups are already in place, creating additional income potential. Projected six-figure gross rental income annually at stabilization. This is a project with a defined scope and a clear path to value for an investor willing to execute.
Getting Around
Schools
Construction
Condition
- Property condition: Resale,Fixer
- Year built: 1965
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater,See Remarks,Water Heater
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 6
Features
- Flooring: Other,See Remarks
Heating
- Heating features: Other,See Remarks,Baseboard
Interior Area
- Total structure area: 7,488
- Total interior livable area: 7,488 sqft
Property
Details
- Parcel number: 31150008400000010230000000
- Special condition: Standard
Features
- Stories: 3
- Exterior features: Blacktop Driveway
Lot
- Lot size: 9,239 sqft
- Features: Rectangular,Rectangular Lot
- Lot size dimensions: 66 x 140
Parking
- Parking features: Two Spaces,No Garage
