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240 Kirk Ave #44, Syracuse, NY, 13205

6beds
0baths
7,488sqft
$335,000
$45price/sqft
$3,772/moest. monthly cost
$150,880/yrincome needed

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

56
WalkingSomewhat Walkable
43
TransitSome Transit
51
BikeBikeable

Schools

2/10
3/10
BRIGHTON ACADEMYGrades 6-81.2 mi
1/10
Corcoran High SchoolGrades 9-121.4 mi

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