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$115,000

Est. payment - /mo

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6 Beds

4 Baths

4,753 SqFt

Pending

204 Commercial ST Theresa, NY 13691

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Tyler Marschall

marschallrealty@gmail.com +1(585) 210-8445

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,753 sqft

Price per Sqft $24

MLS Listing ID S1715394

Style Fourplex

Bedrooms 6

Full Baths 4

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $2,520

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 69X130

Property Sub-Type Multi Family

Property Description

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.

Location

State NY

County Jefferson

Area Theresa-Village-225601

Direction From Watertown, take US Route 11 north then take the ramp for NY Rt 37 toward Theresa. Follow Route 37 north for 15 miles. Then turn right onto NY Rt 26 and continue into the Village of Theresa. Route 26 becomes Commercial Street.

Rooms

Basement Partially Finished, Walk-Out Access

Interior

Interior Features Attic

Heating Electric, Baseboard

Flooring Carpet, Laminate, Varies, Vinyl

Fireplace No

Appliance Electric Water Heater

Exterior

Garage Spaces 1.0

Utilities Available Sewer Connected, Water Connected

Garage Yes

Building

Lot Description Irregular Lot

Story 4

Sewer Connected

Water Connected, Public

Architectural Style Fourplex

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Indian River

Others

Senior Community No

Tax ID 225601-023-080-0001-044-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1715394

Listed by Lake Ontario Realty, LLC

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Tyler Marschall

Agent License ID: NY# 10401364182

+1(585) 210-8445

204 Commercial ST Theresa, NY 13691

Tyler Marschall

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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204 Commercial ST