CCertihomes
204 Commercial Street, Theresa, NY 13691

$132,000

6 beds 5 baths 4,753 sqft Built 19003 days on marketActive

About this home

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 earning income immediately! Move into the vacant apartment and have your mortgage paid for. Rent includes water and sewer. There is 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!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$2,842/mo

Real estate (PITI + HOA + PMI)
$1,412
Principal + interest$847
Property tax + insurance$515
PMI / 2nd mortgage$50
Utilities
$2,783
Heating + cooling$1,245
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$127
$2,842/mo TLC
Budget$5,000/mo
Remaining after TLC$2,158/mo
Purchase price
$132,000
Down payment
$6,600 (5%)
Loan amount
$125,400
APR
7.15%

Quick facts

Type
MultiFamily
Style
Year built
1900
Lot size
0.2 ac
Stories
4
Heating
Electric, Baseboard
Cooling
Water
Connected, Public
HOA
Annual tax
$2,351
MLS #
S1621401
County
Jefferson

At a glance

Basement
Garage (1)

Home features

Appliances
ElectricWaterHeater
Interior
Attic
Parking
Gravel
Flooring
Carpet, Laminate, Varies, Vinyl
Sewer
Connected

Lot features

IrregularLot

Neighborhood — 13691

MetricThis ZIPCountyUSA
Population4,03819,351,094299,088,112
Population Change Since199012.00%8.00%20.00%
Population Density53395
Male2,0709,381,926147,432,321
Female1,9689,969,168151,655,844
Never Married7454,946,39163,775,926
Married1,7577,166,701123,120,365
Separated1501,159,67312,639,686
Widowed1371,110,24515,467,586
Divorced2681,210,44823,075,029
Number Of House Hold1,3377,102,016111,826,380
Average House Hold Size3.012.642.60
Medial Age31.7836.5335.46
Median House Hold Income$40,679$49,847$48,276
Average House Hold Income$46,099$70,032$63,629
P C I$15,384$26,569$24,529
M D I$35,487$42,210$41,133
A T H E$41,467$54,185$50,898
S T R7.75%4.00%
W C J78.43%81.55%77.74%
(Zip) Code
13691

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 7/21/2025. Provided courtesy of Lake Ontario Realty, LLC via Buffalo MLS. Information deemed reliable but not guaranteed.