#S1573449, Xiao Linda Messerschmidt, Listing Office: Keller Williams Syracuse
240 Kirk Ave Unit 44 Syracuse, NY 13205
Property details
About 240 Kirk Ave Unit 44
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.
Highlights
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Summary
- MLS Number: S1590022
- MLS Name: NYS
- Office Name: eXp Realty
- Office Phone: (888) 276-0630
- Listing Agent: Ian Wheatley
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Last updated on: 3/6/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$400,000
240 Kirk Ave Unit 44
$4,750
closing credit¹
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Price information
Property sales
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Nearby schools
2
STEAM at Dr. King Elementary School
Public District PK-5
0.6 mi
•416 E Raynor Ave
2
McKinley-Brighton Elementary School
Public District PK-5
0.9 mi
•141 W Newell St
3
Syracuse Academy of Science and Citizenship Charter School
Public Charter KG-5
1.0 mi
•301 Valley Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,931. Most Syracuse, NY residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 240 Kirk Ave Unit 44
This home is located at 240 Kirk Ave Unit 44 in Syracuse, NY and zip code 13205 in the Southside Syracuse neighborhood. This 7,488 square foot home, which was built in 1965, sits on a 0.21 acre lot. Features: 6 bedrooms, 0 bathroom. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $400,000.
Syracuse, NY housing market in February 2025 saw over 42 listings sold above listed price, more than 11 sold at listed price and over 29 sold below. The inventory of homes for sale in Syracuse, NY between January and February 2025 decreased by 14.1%. In February 2025, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $190,000.