$125,000
SOLD SEP 13, 2024

204 Commercial St Theresa, NY 13691

7 Beds
4 Baths
4,753 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

22% Below List Price

235 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Woodwork
  • Indian River High School Rated A
  • Attic
  • Ceiling Fan

About This Home

As of September 2024

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!

Last Agent to Sell the Property

Beth Miller

Listing by Lake Ontario Realty, LLC License #10301221617 Listed on: 01/12/2024

Last Buyer's Agent

Beth Miller

Listing by Lake Ontario Realty, LLC License #10301221617 Listed on: 01/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,249

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 69x130

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 4,753 Sq Ft Home
  • 4-Story Property
  • Woodwork
  • Ceiling Fan
  • Attic

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Parking Available
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 44
  • Assessor Parcel Number 225601-023-080-0001-044-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,249

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1900
  • Road Frontage Type: Main Thoroughfare
  • Directions: From Main St in the Village of Theresa, turn right at the intersection on Commercial Ave. House will be on the right
  • Flooring: Hardwood, Laminate, Varies
  • Interior Features: Attic, Ceiling Fan(s), Natural Woodwork
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full, Partially Finished, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Stories: 4
  • Stories: 4

Exterior Features

  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Gravel, Parking Available, Two or More Spaces

Utilities

  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Indian River

Lot Info

  • Parcel Number: 225601-023-080-0001-044-000
  • Lot Dimensions: 69X130
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 2249.0
  • Tax Lot: 44

Similar Home in Theresa, NY

  • 204 Commercial St, Theresa, NY 13691

    $132,000

    • 6 Beds
    • 5 Baths
    • 4,753 Sq Ft
    • 204 Commercial St
    • Theresa, NY

    Awesome 4-unit opportunity awaits you in the Village of Theresa! 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! Good sized backyard that is flat and partially fenced in. All but 1 unit is currently rented out making $1,750 per month so you can start

    Beth Miller Lake Ontario Realty, LLC

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $132,000 0.0% $28 / Sq Ft
03/25/2025 03/25/25 Rented $650 0.0% --
03/25/2025 03/25/25 For Rent $650 0.0% --
09/13/2024 09/13/24 Sold $125,000 0.0% $26 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
09/01/2024 09/01/24 Off Market $125,000 -- --
05/07/2024 05/07/24 Price Changed $139,900 -6.7% $29 / Sq Ft
04/08/2024 04/08/24 Price Changed $149,900 -6.3% $32 / Sq Ft
01/12/2024 01/12/24 For Sale $159,900 -- $34 / Sq Ft
Source: Jefferson-Lewis Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Jefferson-Lewis Board of REALTORS®

MLS Number: S1516770

Jefferson-Lewis Board of REALTORS®