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$139,900   Price Analysis
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204 Commercial St
Theresa, NY 13691
7 bed 4 bath 4,753 SqFt ($29/SqFt)
8,712SqFt lot. Built 1900
Listed 2024-05-16, Taxes $2,279
USDA Eligible
near Theresa, NY
 Restrictions may apply
due to home size

Awesome 4-unit opportunity awaits you in the Village of Theresa!

* Has Contingent Offer *

Sellers have painted and installed some new flooring. Seller will also be re-sealing the roof. All of the units are incredibly open and have the original woodwork, hardwood floors and tall ceilings! The main level apartment has large windows that let in a ton of natural light too! Great backyard that is nice, flat and partially fenced in. All 4 units are currently rented out mking $2, 250 per month so you can start earning income immediately!

Rent includes water and sewer. Seller installed an on-demand water heater and some new flooring as well. If you are starting to think about building a portfolio, this is a extraordinary investment to start that journey! If a unit becomes vacant, you can move right in and have the other tenants pay your mortgage for you!


Presented by Beth Kristen Miller at
Lake Ontario Realty LLC.
Listing Agent Photo

Property MLS #S1516770 from NYStateAlliance

Bedrooms: 7

Total Bathrooms: 4
Full Bathrooms: 4

Attic
CeilingFans
NaturalWoodwork
Flooring: Hardwood, Laminate, Varies

ElectricWaterHeater

Heating Features: Electric, Baseboard
Heating: Yes

Basement Description: Full, PartiallyFinished, SumpPump

Deck
Patio And Porch Features: Deck
Road Frontage Type: MainThoroughfare

Lot Size Acres: 0.2
Lot Size Dimensions: 69X130
Lot Size Square Feet: 8712

Garage Spaces: 2
Garage Description: Gravel, ParkingAvailable, TwoorMoreSpaces
Parking Features: Gravel, ParkingAvailable, TwoorMoreSpaces

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: Indian River
High School District: Indian River
Middle or Junior School District: Indian River

Indian River High School is a public high school located approximately 6.4 miles away.
directions icon Map directions

Theresa Primary School is a public elementary school located approximately 0.5 miles away.
directions icon Map directions

Philadelphic Christian Day School is a private elementary and middle school located approximately 2.9 miles away.
directions icon Map directions

Indian River Middle School is a public middle school located approximately 6.7 miles away.
directions icon Map directions

Number of Units In Community: 4
Number of Units: 4

Tenant Pays: AllUtilities

Annual Tax Amount: 2249
Source Listing Status: ActiveUnderContract
County: Jefferson
Cross Street: Main
Directions: From Main St in the Village of Theresa, turn right at the intersection on Commercial Ave. House will be on the right
Source Property Type: Residential
Area: Theresa-Village-225601
Source Neighborhood: Theresa-Village-225601
Number of Separate Electric Meters: 4
Parcel Number: 225601-023-080-0001-044-000
Postal City: Theresa
Township: Theresa-Village
Property Subtype: MultiFamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$114,600 + $13,400
$128,000
$2,279
2022$114,600 + $13,400
$128,000
$2,305
2021$114,600 + $13,400
$128,000
$2,323
2020$114,600 + $13,400
$128,000
$2,290
2017$114,600 + $13,400
$128,000
$2,325
2016$114,600 + $13,400
$128,000
$2,289
2015$114,600 + $13,400
$128,000
$2,277
2014$114,600 + $13,400
$128,000
$2,392
2014$114,600 + $13,400
$128,000
$2,267
2013$61,800 + $5,200
$67,000
$2,338
2012$61,800 + $5,200
$67,000
$2,335
2011$61,800 + $5,200
$67,000
$2,298
2010$61,800 + $5,200
$67,000
$2,294
2009$61,800 + $5,200
$67,000
$2,178

Listed 2024-05-16
$139,900
NYStateAlliance
Listing removed 2023-12-01
$189,000
JeffersonLewis
Listed 2023-05-17
$189,000
JeffersonLewis
Sold 2005-03-18
$39,000
Public Record

Operating Expense Includes: Insurance, MaintenanceStructure, WaterSewer

Total Square Feet Living: 4753
Year Built: 1900
Building Area Source: PublicRecords
Building Area Total: 4753
Construction Materials: VinylSiding
Foundation Details: Stone
Property Age: 124
Property Condition: Resale
Levels or Stories: 4
Building Total Stories: 4
Year Built Details: Existing

Sewer: Connected
CableAvailable
HighSpeedInternetAvailable
SewerConnected
WaterConnected
Water Source: Connected, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.