240 Kirk Avenue 44
Syracuse, NY, 13205
$400,000
6 Beds
0 Baths
7,488 SqFt
0.21 Acres
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Investors, don’t miss this high-income real estate opportunity in Syracuse, NY! This 7,500 sq/ft multi-family property features six (2-bedroom, 1-bath) apartments and has already undergone a full gut rehab with brand-new electrical and plumbing systems, setting the stage for final improvements.

Each apartment offers spacious layouts, attracting strong tenant demand. All utilities, including water, are separately metered, reducing operating expenses and maximizing rental income. Additionally, lower-level laundry hookups provide an opportunity for additional revenue.

With a projected annual gross rental income of $108,000 and major renovations complete, this property is turnkey-ready for an investor to finalize improvements, lease up units, and generate strong cash flow in the Syracuse rental market.

Property Details

Price:
$400,000
MLS #:
S1590022
Status:
Active
Beds:
6
Baths:
0
Address:
240 Kirk Avenue 44
Type:
Single Family
Subtype:
Other
Subdivision:
Kirk
Neighborhood:
Syracuse City-311500
City:
Syracuse
Listed Date:
Feb 26, 2025
State:
NY
Finished Sq Ft:
7,488
Total Sq Ft:
7,488
ZIP:
13205
Lot Size:
9,240 sqft / 0.21 acres (approx)
Year Built:
1965
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Schools

School District:
Syracuse

Interior

Appliances
Electric Water Heater, See Remarks, Water Heater
Cooling
Other, See Remarks
Flooring
Other, See Remarks
Heating
Other, See Remarks, Baseboard

Exterior

Community Features
Elevator
Construction Materials
Vinyl Siding
Exterior Features
Blacktop Driveway
Parking Features
Two Spaces, No Garage
Roof
Asphalt

Financial

Net Operating Income
$92,963
Taxes
$4,237

Map

Community

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240 Kirk Avenue 44
Syracuse, NY