204 Commercial Street, Theresa, NY 13691

$139,900 Asking Price

7 beds
4 baths
4,753  sqft
Built in 1900

Awesome 4-unit opportunity awaits you in the Village of Theresa! Sellers have painted and installed some new flooring! Seller will also be re-sealing the roof. All of the units are incredibly spacious 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 making $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 just starting to think about building a portfolio, this is a great 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!


Features & Amenities

Interior

General:
Attic,Ceiling Fan(s),Natural Woodwork
Appliances:
Electric Water Heater
Basement:
Full,Partially Finished,Sump Pump
Flooring:
Hardwood,Laminate,Varies
Heating:
true, Electric,Baseboard
Fireplace:
Fireplaces: 0

Exterior

General:
Deck
Parking:
Gravel,Parking Available,Two or More Spaces

Construction

General:
Vinyl Siding, 4, Stone

Location

Road/Access:
Main Thoroughfare
Originating MLS:
NYS
School District:
Indian River
County:
Jefferson

Lot

Zoning:
225601-023-080-0001-044-000

Utilities

Utilities:
Cable Available,High Speed Internet Available,Sewer Connected,Water Connected
Water:
Connected,Public
Sewer:
Connected

Financial

Source:
NYS
Listing Agent Compensation:
0
Buyers Agent Compensation:
3
NA Compensation:
Commission based on net to seller minus any concessions.

This listing courtesy of:
Lake Ontario Realty, LLC, Beth Miller

About Theresa, NY

Housing

Number of Units
1,619
Median Home Value
$142,161
Median Rent
$632

28.95% of housing units are renter occupied.

28.29% are vacant.

Commute

Car
76.73%
Public Transportation
0.00%
Walk to Work
0.43%
Work from Home
21.72%
Other
0.70%

The median travel time to work is 23 minutes.

People

Population
3,126
Median Age
35.80
Median Household Size
2.66

Education

High School
36.64%
Associate’s Degree
17.71%
Bachelor’s Degree
7.46%
Graduate Degree
6.37%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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