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About This Home

This 6-bedroom, 0-bathroom residential multi family at 240 Kirk Avenue in Syracuse, NY is listed for $335,000 ($45 per sqft). Built in 1965, the home offers 7,488 sqft of living space on a 0.21 acres lot.

Agent Description

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.

Key Features

  • Built in 1965
  • 0.21 acre lot
  • 3 stories

Property Details

3 stories
#44
1965

Monthly Cost Estimate

$1,792/mo

20% down · 6.5% · 30 years

Principal$242
Interest$1,452
Insurance$98

Estimates only. Actual payments may vary.

Location

240 Kirk Avenue

Syracuse, NY 13205

Kirk

Features & Amenities

Exterior Features

BlacktopDriveway

Property Details

Construction

VinylSiding

Parking

Garage

Heating

Baseboard

Appliances

ElectricWaterHeaterWaterHeater

Questions & Answers

This 6-bedroom, 0-bathroom residential multi family at 240 Kirk Avenue is listed at $335,000 ($45/sqft). The estimated monthly payment is $1,452 based on 20% down at 6.5% interest.

Key features include: Built in 1965, 0.21 acre lot, 3 stories. Exterior Features: BlacktopDriveway.

This property is listed by Ian Wheatley and can be reached at 8882760630 or ian.wheatley@eXpRealty.com.

IW

Ian Wheatley

Agent at eXp Realty

(888) 276-0630

Listed by eXp Realty · View on Broker Site

MLS# S1670019· Source: listhub· Updated 61 days ago

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

240 Kirk Avenue, Syracuse, NY 13205

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