About 240 Kirk Avenue # 44
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.
Features of 240 Kirk Avenue # 44
| MLS® # | S1670019 |
|---|---|
| Price | $335,000 |
| Bedrooms | 6 |
| Bathrooms | 0.00 |
| Square Footage | 7,488 |
| Square Footage | 9240 |
| Acres | 0.21 |
| Year Built | 1965 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 240 Kirk Avenue # 44 |
|---|---|
| Area | Syracuse City |
| Subdivision | Southwest |
| City | Syracuse |
| County | Onondaga |
| State | NY |
| Zip Code | 13205 |
Amenities
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Features | Rectangular, Rectangular Lot |
| Parking | Two Spaces, No Garage |
| Garages | Two Spaces, No Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Other, See Remarks |
|---|---|
| Appliances | Electric Water Heater, See Remarks, Water Heater |
| Heating | Other, See Remarks, Baseboard |
| Fireplace | No |
| # of Stories | 3 |
| Stories | 3 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Exterior Features | Blacktop Driveway |
| Lot Description | Rectangular, Rectangular Lot |
| Roof | Asphalt |
| Construction | Vinyl Siding |
School Information
| District | Syracuse |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty |
|---|---|
| Contact Info | 888-276-0630 |
