tomo logo

$400,000

Beds
6
sq ft
7,488

240 Kirk Ave Unit 44, Syracuse, NY 13205

240 Kirk Ave Unit 44

Syracuse, NY 13205

  • 5 days on market
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.

Details

Property type

Lot size

9,240 sq ft

Price per sq ft

$54

Year built

1965

Annual property taxes

$4,237

Price History

02/26/2025
CNYREIS

CNYREIS #S1590022

Listed
$400,000
+1042.86%
10/13/2020
CNYREIS

CNYREIS #S1266708

Sold
$35,000
+75%
03/29/2017
CNYREIS

CNYREIS #S1015664

Sold
$20,000

Schools & Community

Neighborhood: 

Brighton

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Syracuse

Status: Active

Tomo last checked: 03/04/2025 at 12:25 AM

Listing updated: 02/27/2025 at 12:55 PM

Listed by: Ian Wheatley, eXp Realty Phone #: (888) 276-0630

MLS: CNYREIS #S1590022

CNYREIS logo

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