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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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather

FEMA Declared Disasters in Onondaga County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,693$20,316
Home Insurance *$223$2,676
Property Taxes $619$7,428
Electricity $1,237$14,849
Total$3,772$45,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$129,325/yr
40% on housing$113,160/yr
45% on housing$100,586/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.5%
3.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$45This listing

vs Other Active Listings

Avg $/sqft

ZIP 13205$69
Onondaga County$200

vs Homes Sold Last Month

Median $/sqft

ZIP 13205$116
Onondaga County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-12Price change$335,000
2026-04-01Listed for sale$350,000
2025-06-30Listing removed$380,000
2025-05-23Price change$380,000
2025-02-27Listed for sale$400,000
2020-10-13Sold$35,000
2020-06-10Pending sale$62,000
2020-05-26Listed for sale$62,000
2017-03-29Sold$20,000

For Sale by Agent

AgentIan Wheatley
BrokerageeXp Realty

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