Value-Add Multifamily
For Sale
$335,000
240 Kirk Ave 44, Syracuse, NY 13205
Six-unit property with updated electrical and plumbing, separately metered utilities, and laundry hookups ready for completion.
Property Size7,488 SF
Price / SF$44.67
Days on Market45
Property Features for 240 Kirk Ave 44
General Information
Standard status
Active
Size
7,488 SF
Property subtype
Investment
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$4,237
Amenities
laundry hookups
Building Details
Building Size
7,488 SF
Year Built
1965
Stories
3
Units
6
Tenancy
Multi
Listed By:
Ian Wheatley
(888) 276-0630
Source:
Elliman
Added: Jul 21
Changed: Aug 8
Last Checked: Sep 1 at 8:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ian Wheatley
Investment Insights
Based on property information with market context.
This multifamily property contains six apartments with two-bedroom, one-bath layouts. Updates already completed include electrical and plumbing systems, and additional work remains for interior completion and final finishes to complete the project.
The units have utilities that are separately metered, including water. Laundry hookups are already in place, supporting in-unit or resident laundry setup as the remaining interior build-out is finalized.
As a value-add setup, the scope centers on finishing the interior and bringing each unit to completion, with the building otherwise positioned with key systems improvements already completed.
The units have utilities that are separately metered, including water. Laundry hookups are already in place, supporting in-unit or resident laundry setup as the remaining interior build-out is finalized.
As a value-add setup, the scope centers on finishing the interior and bringing each unit to completion, with the building otherwise positioned with key systems improvements already completed.
Key Highlights
- 7,500 SF 6‑unit multifamily built in 1965 with six 2‑bedroom, 1‑bath apartments
- Updated electrical and plumbing systems already completed as part of the capital improvements
- Utilities are separately metered, including water, to help manage operating expenses
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Explore this area
Business Placement
Demographics for 13205, NY
18,834
Population
8,868
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
3.6 sq mi
ZIP Area
5,232
Density / Sq Mi
$39,171
Median Household Income
$32,711
Median Earnings
$898
Median Rent
$96,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit property with updated electrical and plumbing, separately metered utilities, and laundry hookups ready for completion.
Where is this apartment building located?
The property is located at 240 Kirk Ave 44 Syracuse, NY.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 7,500 SF 6‑unit multifamily built in 1965 with six 2‑bedroom, 1‑bath apartments; Updated electrical and plumbing systems already completed as part of the capital improvements; Utilities are separately metered, including water, to help manage operating expenses
