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    204 Commercial St Theresa, NY 13691

    For Sale
    $132,000

    MULTI_FAMILY - Theresa, NY

    Property size:
    4,753 SF
    Lot size:
    0.20 Acres
    Days on Market:
    144
    Last Refresh:
    Dec 14 at 7:06 pm

    Property Features for 204 Commercial St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 5, Bathroom 3, Basement, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 6
    Bedrooms
    6
    Bathrooms
    5
    APN
    225601-023-080-0001-044-000
    Interior features
    Attic
    Appliances
    ElectricWaterHeater
    Size
    4,753 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    4
    Number of units
    4
    Flooring type
    Vinyl, Varies, Laminate, Carpet
    Building materials
    VinylSiding

    Lake Ontario Realty LLC (315) 649-3434 [email protected]

    Listing agent Beth Miller (315) 649-3434 License #10301221617

    Listing date Jul 24, 2025

    Copyright © 2025 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.

    Overview

    Theresa, NY Four-Unit Multifamily Property

    This four-unit multifamily property is located in the Village of Theresa. The units are spacious and feature original woodwork, hardwood floors, and tall ceilings. The main level apartment has large windows providing natural light. The property includes a flat, partially fenced backyard. Three of the four units are currently rented, generating $1,750 per month in income. Rent includes water and sewer. The property features an on-demand water heater and some new flooring. The property size is 4753 square feet and the lot size is 0.2 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm Bar & Pub Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Theresa
    County
    St. Lawrence
    State
    New York
    Longitude
    -75.797992
    Latitude
    44.215003

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    FAQs

    What type of property is this?
    Quadplex - Spacious four-unit property with original features and immediate income potential.
    Where is this quadplex located?
    The property is located at 204 Commercial St Theresa, NY.
    What is the asking price?
    The asking price for this property is $132,000.
    What are key features of this property?
    This property features: - Income-generating property: 3 out of 4 units are currently rented, producing $1,750 monthly income.; - Opportunity for owner-occupancy: Move into the vacant unit and have your mortgage partially covered by rental income.; - Spacious units with original character: Features include original woodwork, hardwood floors, and tall ceilings.
    (315) 649-3434
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    204 Commercial St Theresa, NY 13691
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