Residential Income in Syracuse

$335,000

240 Kirk, 13205, Syracuse, NY

Residential Income for sale in Syracuse, 240 Kirk, 13205, 7488 m²

240 Kirk, 13205, Syracuse, NY

$335,000

6Bed
7488
Type: Residential Income

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.

Location

240 Kirk, 13205, Syracuse, NY

Data

Object TypeResidential Income
Purchase Price$335,000
Living Space7488 m²
Plot Size858.42 m²
BathroomsN/A
Construction Year1965
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeOther, See Remarks, Baseboard
Primary Energy SourceN/A
Construction Year1965
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent