Syracuse, NY 13205 240 Kirk Avenue # 44
$400,000
33 more
Presented By: Ian Wheatley with eXp Realty;
Beds • 6
SQFT • 7,488
Home Details
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.
Presented By: Ian Wheatley with eXp Realty;
Interior Features for 240 Kirk Avenue # 44
Bedrooms
Total Bedrooms6
Bathrooms
Main Level Bathrooms0
Total Baths
Other Interior Features
BasementFull
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringOther, SeeRemarks
Heating Y/NYes
Total Fireplaces
Total Stories3
General for 240 Kirk Avenue # 44
AppliancesElectricWaterHeater, SeeRemarks, WaterHeater
CitySyracuse
Community FeaturesElevator
Construction MaterialsVinylSiding
CoolingOther, SeeRemarks
CountyOnondaga
DirectionsFrom Salina St. turn onto Kirk Ave. heading west. Property will be on the right past Landon Ave.
From South Ave or Midland Ave. turn onto Kirk Ave. heading east. Property will be on the left past M
Elementary School DistrictSyracuse
Garage Spaces0.0
Garage Y/NNo
Gross Income108000.0
HeatingOther, SeeRemarks, Baseboard
High School DistrictSyracuse
Lot Size Square Feet9240.0
Lot Size UnitsAcres
MLS AreaSyracuse City-311500
Middle/Junior School DistrictSyracuse
Net Operating Income92963.0
Number Of Units Total6
Operating Expense10800.0
PossessionCloseOfEscrow
Property ConditionResale
Property Sub Type AdditionalOther
Property SubtypeOther
Property TypeMultiFamily
RoofAsphalt
School DistrictSyracuse
Senior Community Y/NNo
SewerConnected
Standard StatusActive
StatusActive
Stories3
Subdivision NameKirk
Tax Annual Amount4237.0
Tax Assessed Value50000
Tax Lot23
TaxOtherAnnualAssessmentAmount0.0
Tenant PaysAllUtilities
TownshipNot Applicable
Unit Number44
UtilitiesSewerConnected, WaterConnected
Virtual TourClick here
Virtual TourClick here
Waterfront Y/NNo
Year Built1965
Year Built DetailsExisting
Exterior for 240 Kirk Avenue # 44
Building Area Total7488.0
Exterior AmenitiesBlacktopDriveway
Lot Dimensions66X140
Lot FeaturesRectangular, RectangularLot
Lot Size Acres0.2121
Lot Size Area0.2121
Number of Separate Electric Meters6
Number of Separate Gas Meters0
Parking FeaturesTwoSpaces, NoGarage
Road Frontage TypeMainThoroughfare
Water SourceConnected, Public
