Spacious Four-Unit Investment
For Sale
$120,000
Pending
204 Commercial St, Theresa, NY 13691
Four-unit property with income potential in Theresa, New York.
Property Size4,753 SF
Lot Size0.20 Acres
Days on Market163
Property Features for 204 Commercial St
General Information
Standard status
Pending
Size
4,753 SF
Lot size
0.20 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$2,351
Building Details
Building Size
4,753 SF
Year Built
1900
Stories
4
Units
4
Listing Agency:
Lake Ontario Realty LLC
(315) 649-3434
Listed By:
Beth Miller · License #10301221617
Source:
Elliman
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 20 at 11:04AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 13691, NY
2,981
Population
1,692
Households
1.8
Avg Household Size
39
Median Age
15%
College-Educated
92%
High-School Grad
71.0 sq mi
ZIP Area
42
Density / Sq Mi
$75,750
Median Household Income
$36,365
Median Earnings
$985
Median Rent
$158,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
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.
