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Renovated 4-Unit Rental Home

100 Main St Theresa, NY 13691

100 Main St, Theresa, NY, 13691
$249,000
For Sale
$249,000

Renovated quadplex on a corner lot with three 2-bedroom units and one 1-bedroom unit producing market-rate rents.

Days on Market87

Property Features for 100 Main St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1850
Listing agency
Listed by Robert Morris
Source Elliman
Added: Apr 27 Updated: Jul 21 at 12:11AM Checked: Jul 21 at 6:52AM

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 Robert Morris


Investment Insights

Based on property information with market context.

This newly renovated four-family property features a total of three 2-bedroom apartments and one 1-bedroom apartment. The home completed full interior and exterior renovations in 2024, and the units are returning excellent market-rate rents. Tenant-paid utilities cover all utilities except sewer and water, and a coin-operated laundry is available for tenant use.

The property is sited on a large corner lot. Tenants do not have access to the shed. The home is located in Theresa, about 20 minutes from Watertown and approximately 25 minutes from Fort Drum.

With four separate rental units, the property offers an income-focused configuration for an owner looking to offset housing costs with collected rents, while occupying one unit and renting the others.

Key Highlights

  • Newly renovated 4‑family on a large corner lot, fully renovated in 2024 (interior and exterior), $148,500 renovation cost
  • Unit mix: three 2‑bedroom apartments and one 1‑bedroom apartment, all returning market‑rate rents
  • Gross rents of $42,300; tenants pay all utilities except sewer and water

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Auto Repair Shop Garden Center Nail Salon Daycare Center Grocery & Convenience Store Hair Salon Gym & Fitness Center Accounting Firm Cosmetic Store Big Box & Wholesale Store

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

FAQs

What type of property is this?
Quadplex - Renovated quadplex on a corner lot with three 2-bedroom units and one 1-bedroom unit producing market-rate rents.
Where is this quadplex located?
The property is located at 100 Main St Theresa, NY.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Newly renovated 4‑family on a large corner lot, fully renovated in 2024 (interior and exterior), $148,500 renovation cost; Unit mix: three 2‑bedroom apartments and one 1‑bedroom apartment, all returning market‑rate rents; Gross rents of $42,300; tenants pay all utilities except sewer and water
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