302 Main Street, Theresa, NY 13691

Theresa
Local realty services provided by:ERA Team VP Real Estate
302 Main Street,Theresa, NY 13691
$215,000
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  • 5 Beds
  • - Baths
  • 5,988 sq. ft.
  • Multi-family
  • Active
Listed by: brittney umstead
Office: realty by the river, inc.
MLS#:S1682928
Source:NY_GENRIS

Price summary

  • Price:$215,000
  • Price per sq. ft.:$35.91

About this home

Looking to invest in Northern NY? This 5-unit apartment building in the Village of Theresa is a solid income-producing opportunity, conveniently located close to Fort Drum, Watertown, and Alexandria Bay. The building features four 1-bedroom/1-bath apartments and one 2-bedroom/1-bath apartment. All units are currently occupied, with one becoming available in a month or two. At current rents, the property can generate approximately $3,400/month — over $40,800 annually — with tenants responsible for their own electric. The Village of Theresa benefits from municipal power, helping to keep utility costs low for the owner. The seller has invested in extensive updates throughout, including new siding on most of the exterior, new flooring in all units, updated kitchens, new windows and doors in most units, fresh paint throughout, and refreshed bathrooms. Tenants enjoy access to on-site coin-operated laundry and ample parking. The property also includes a detached garage and a storage shed,...

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Home facts

  • Year built:1880
  • Listing ID #:S1682928
  • Added:136 day(s) ago
  • Updated:October 03, 2026 at 03:50 PM

Rooms and interior

  • Bedrooms:5
  • Flooring:Hardwood, Laminate, Varies
  • Basement:Yes
  • Basement Description:Walk Up Access
  • Living area:5,988 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Membrane, Rubber
  • Year built:1880
  • Building area:5,988 sq. ft.
  • Lot area:0.56 Acres
  • Lot Features:Rectangular, Residential Lot
  • Construction Materials:Vinyl Siding, Wood Siding
  • Levels:2 Stories

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$215,000
  • Price per sq. ft.:$35.91
  • Tax amount:$2,374

Features and amenities

  • Laundry features:Electric Water Heater

Parking

  • Parking description:No Garage

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