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Spacious Four-Unit Investment Opportunity

204 Commercial St Theresa, NY 13691

204 Commercial St, Theresa, NY, 13691
$120,000
Pending
For Sale
$120,000
Pending

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

Lot Size0.20 Acres
Days on Market133

Property Features for 204 Commercial St

General Information

Standard status
Pending
Lot size
0.20 Acres
Property subtype
Multi Family

Building Details

Year Built
1900
Listing agency Lake Ontario Realty, LLC
Listed by Beth Miller · License #10301221617
Source Elliman
Added: Mar 12 Updated: Jul 6 at 12:25PM Checked: Jul 22 at 10:11AM

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 Lake Ontario Realty, LLC


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Property Profile 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 - 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.
Contact an agent
More about this property
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