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100 Main Street, 
Theresa, NY 13691

$2,050,000


7

Beds


4

Baths


3,106

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Robert Morris

Howard Hanna Real Estate

315-622-2111

Last updated:

September 7, 2025, 02:52 PM

MLS#

S1622905

Source:

NY GENRIS

About This Home

100 Main Street

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

Home Facts

Multi-Family

4 Baths

7 Bedrooms

Built in 1850

Price Summary

2,050,000

$660 per Sq. Ft.

MLS #:

S1622905

Last Updated:

September 7, 2025, 02:52 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,106 Sq. Ft.


Structure

Structure

Architectural Style:

Fourplex

Building Area:

3,106 Sq. Ft.

Year Built:

1850


Lot

Lot Size (Sq. Ft):

7,770


Finances & Disclosures

Finances

Price:

$2,050,000

Price per Sq. Ft:

$660 per Sq. Ft.

Source:NY GENRIS
The information being provided by New York State Alliance is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 New York State Alliance All rights reserved.

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