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204 Commercial Street

Theresa, NY 13691
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Bed 6

Bed

Bath 4

Bath

SqFt4,753

Sqft

Acres0.20

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential

Price : $115,000

AD Id : 91323054

MLS Id : S1715394

Beds : 6

Lot Size : 0.20 Acre

Living Area Size : 4,753 Sq. Ft

Tax Amount : $2,520

Year Built : 1900

Garage : 1

County : Jefferson

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Has Basement: Yes Basement: Partially Finished, Walk-Out Access
  • Flooring Information

    Carpet, Laminate, Varies, Vinyl
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard

  • Building Information

    Year Built: 1900 Building Area Total: 4753 Construction Materials: Vinyl Siding Stories: 4 Private Pool: No

  • Lot Information

    Lot Dimensions: 69X130 Main Square Feet: 0.2 Acres Lot Size Acres: 0.2 Lot Description: Irregular Lot

  • Listing Price Information

    Listing Price: $115000 Cash, Conventional

  • Tax Information

    Parcel Number: 225601-023-080-0001-044-000 Tax Lot: 44 Annual Tax: $2520

  • Parking Information

    Garage, Gravel, Unpaved

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Utility Information

    Sewer Connected, Water Connected
  • Location Information

    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. WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 09/25/2026 @ 21:03

MLS: S1715394 LISTED BY: Beth Miller, Lake Ontario Realty, LLC 315-649-3434 SOURCE: Central New York Information Services

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