$350,000

240 Kirk Avenue 44, Syracuse, NY 13205

  • 6 beds
  • 7,488 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon9,239sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $47/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

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.

Listing Status:
Active
Date Added:
April 1, 2026
Data Last Updated:
April 4, 2026 at 6:19PM
Listing Office:
eXp Realty : 888-276-0630
Listing Agent:
Ian Wheatley : 888-276-0630
MLS ID:
S1670019
  • Appliances: Electric Water HeaterSee RemarksWater Heater
  • Basement: Full
  • Flooring: OtherSee Remarks
  • Heating: OtherSee RemarksBaseboard
  • Fireplace: Fireplaces: 0
  • General: Blacktop Driveway
  • Parking: Two SpacesNo Garage
  • Roofing: Asphalt
  • General: Vinyl Siding3
  • Road/Access: Main Thoroughfare
  • Originating MLS: NYS_S
  • School District: Syracuse
  • County: Onondaga
  • Zoning: 311500-084-000-0001-023-000-0000
  • Utilities: Sewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_S

This listing courtesy of Ian Wheatley , eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

STEAM at Dr. King Elementary School

416 E Raynor Ave, Syracuse, NY, 13202

Grades PK-5

0.55 miles away

B

Brighton Academy

309 W Brighton Ave, Syracuse, NY, 13205

Grades 6-8

0.65 miles away

I

Institute of Technology at Syracuse Central

258 E Adams St, Syracuse, NY, 13202

Grades 9-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.