Est. Monthly
$1,659/mo
240 Kirk Avenue, Syracuse, NY
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.
Est. Monthly Payment
$1,658.99
Private Mortgage Insurance
Not required
Private Mortgage Insurance
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