240 Kirk Avenue #44, Syracuse, NY 13205
Local realty services provided by:HUNT Real Estate ERA
Listed by: ian wheatley
Office: exp realty
MLS#:S1670019
Source:NY_GENRIS
Price summary
- Price:$350,000
- Price per sq. ft.:$46.74
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 gross rental income is approximately $108,000 annually at stabilization. This is not a turnkey property. It is a project with a defined scope and a clear path to value for an investor willing to execute.
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Home facts
- Year built:1965
- Listing ID #:S1670019
- Added:1 day(s) ago
- Updated:April 02, 2026 at 12:44 AM
Rooms and interior
- Bedrooms:6
- Basement:Yes
- Basement Description:Full
- Living area:7,488 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Asphalt
- Year built:1965
- Building area:7,488 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Rectangular
- Construction Materials:Vinyl Siding
- Levels:3 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$46.74
- Tax amount:$4,237
Features and amenities
- Laundry features:Electric Water Heater
Parking
- Parking description:No Garage, Two Spaces
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