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204 Commercial St Theresa, NY 13691

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For Sale
$120,000

Four-unit property with income potential in Theresa, New York.

Lot size:
0.20 Acres

Property Features for 204 Commercial St

General Information

Property type
Multi Family
Standard status
Active
Lot size
0.20 Acres

Building Details

Year built
1900

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Listing Contact
Beth Miller
Source: Elliman

Listing Agency: Lake Ontario Realty LLC Listing Agent: Beth Miller

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Spacious Four-Unit Investment Opportunity

This four-unit property is located in the Village of Theresa. The units feature original woodwork, hardwood floors, and tall ceilings. The main level apartment benefits from large windows that provide natural light. The property includes a flat, partially fenced backyard. Currently, all but one unit are rented, generating an income of $1,750 per month. Rent includes water and sewer. The property has an on-demand water heater and some new flooring. This property is suitable for building an investment portfolio.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store 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
-75.7978981
Latitude
44.2149653

FAQs

What type of property is this?
Quadplex - Four-unit property with income potential in Theresa, New York.
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 $120,000.
What are key features of this property?
This property features: - Immediate income potential with 3 of 4 units currently rented.; - Opportunity to live in the vacant unit and have your mortgage partially covered.; - Spacious units with original woodwork, hardwood floors, and tall ceilings.
More about this property
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