204 Commercial Street, Theresa, NY 13691
Local realty services provided by:ERA Team VP Real Estate
Listed by: beth miller
Office: lake ontario realty, llc.
MLS#:S1715394
Source:NY_GENRIS
Price summary
- Price:$115,000
- Price per sq. ft.:$24.2
About this home
Great investment opportunity in the Village of Theresa! This spacious 4 unit property offers a great combination of income potential, character and flexibility for both investors and owner occupants. Each apartment features generous living space, tall ceilings and charming original details, including beautiful woodwork and hardwood flooring throughout portions of the property. The main level apartment is especially bright and inviting with large windows providing an abundance of natural light. The property does need some cosmetic work and updating, giving the next owner an opportunity to make improvements over time and add their own finishing touches. Outside, you’ll find a good sized, level backyard that is partially fenced, offering additional outdoor space for tenants to enjoy. Three of the four units are currently rented, generating $2,150 per month in rental income, while the vacant unit provides an excellent opportunity for an owner occupant or the ability to secure an additional tenant and increase overall income. Water and sewer are included in the rent. Additional features include an on demand water heater and some updated flooring. Whether you are looking to expand an existing rental portfolio, purchase your first investment property or live in one unit while the others help offset your mortgage, this 4 unit property offers plenty of possibilities in the heart of Theresa....
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Home facts
- Year built:1900
- Listing ID #:S1715394
- Added:44 day(s) ago
- Updated:November 01, 2026 at 01:15 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Laminate, Varies, Vinyl
- Basement:Yes
- Basement Description:Partially Finished, Walk Out Access
- Living area:4,753 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric
Structure and exterior
- Year built:1900
- Building area:4,753 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Irregular Lot
- Architectural Style:Fourplex
- Construction Materials:Vinyl Siding
- Levels:4 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$115,000
- Price per sq. ft.:$24.2
- Tax amount:$2,520
Features and amenities
- Laundry features:Electric Water Heater
- Amenities:int_feat_Attic
Parking
- Parking description:Garage, Gravel Driveway, Unpaved
- Garage:Yes
- Garage spaces:1
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