100 Main St Theresa, NY 13691
Estimated payment $11,204/month
Highlights
- Ceiling Fan
- Baseboard Heating
- High Speed Internet
- Indian River High School Rated A
- Laundry Facilities
- Rectangular Lot
About This Home
Newly renovated 4-family house on a large corner lot in Theresa. This house underwent a full interior and exterior renovation in 2024 at a cost of $148,500. There are 3-two bedroom apartments and 1-one bedroom apartment all returning excellent market rate rents. The property is 100% occupied and the tenants pay all utilities except for sewer and water. There is a coin-op laundry available for the tenants. Tenants do not have access to the shed. Gross rents are $42,300 and the property generates generates excellent cash flow and return on investment after expenses. Adding to the potential for the property is a low inventory of local rental units Conveniently located 20 minutes from Watertown and 25 minutes from Fort Drum.
This property will not be sold separately. It is being sold as a part of the Jefferson County Portfolio:
JEFFERSON COUNTY INVESTMENT PORTFOLIO
A great opportunity to add 27 units to your investment portfolio at once. This portfolio includes a 14-unit, 100% occupied, mixed use property in the middle of the Carthage business district with 4 commercial spaces on the first level and 10 well maintained apartments on the upper 2 floors. Two 4-unit houses and one single family house are included. All of these properties are 100% occupied. Additionally, a 4-family house in Carthage in included. This house is a full renovation project. It has been stripped down to the studs and just awaits your imagination and renovation. These properties have historically been 95-100% occupied generating great consistent cash flow and net cash-on-cash return. The current owner has paid attention to details and has made significant capital improvements over his decade of ownership.
This portfolio includes the following properties:
- 266-268 State Street (MLS#: S1622918)
- 272 State Street (MLS#: S1622915)
- 32451 Co. Rt. 179 (MLS#: S1621333)
- 100 Main Street (MLS#: S1622905)
- 15243 County Route 11 (MLS#: S1622909)
- 503 West Street (MLS#: S1622912)
THE MLS AND TAX MAP NUMBERS MUST BE INCLUDED ON ALL PURCHASE OFFERS
Listing Agent
Listing by Howard Hanna Real Estate License #10301212335 Listed on: 09/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,370
Year Built
- Built in 1850
Lot Details
- 7,770 Sq Ft Lot
- Lot Dimensions are 70x111
- Rectangular Lot
Home Design
- Quadruplex
- Stone Foundation
- Vinyl Siding
- Copper Plumbing
Interior Spaces
- 3,106 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Laminate Flooring
- Pull Down Stairs to Attic
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- Gravel Driveway
- Paved Parking
Utilities
- Baseboard Heating
- PEX Plumbing
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 4 Units
- Laundry Facilities
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 225601-023-080-0002-010-000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | For Sale | $2,050,000 | +3696.3% | $660 / Sq Ft |
| 10/09/2015 10/09/15 | Sold | $54,000 | -27.9% | $12 / Sq Ft |
| 08/13/2015 08/13/15 | Pending | -- | -- | -- |
| 12/22/2014 12/22/14 | For Sale | $74,900 | -- | $16 / Sq Ft |
Source: Central New York Information Services
MLS Number: S1622905
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