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Off market
  • $324,300

    302 Main St APT 5, Theresa, NY 13691

    6beds
    3,990sqft
    MultiFamily
    Built in 1880
    -- sqft lot
    $324,300 Zestimate®
    $81/sqft
    $2,400 Estimated rent

    What's special

    5 unit - 6 BR 5 Baths. One 2 BR and four one BR. Great rental history. Great opportunity for investors with a 50% ROI or owner occupied and other tenants will pay your mortgage and still put money in your bank account each month. 0.56 acres. Built in 1880. 3,990 sq ft. Good sized parking area for 6 or 7 cars. All apts. furnished with appliances and coin operated washer and dryer in common laundry area included in sale. Garage with side storage and second floor that could be converted into an apt. and a small storage building. 6 meters for electric. 5 for tenants and one for owner which is laundry area. One meter for water/sewer which owner pays. One year bills to verify expenses will be provided by owner. Theresa generates its own power so utility bills are extremely low in comparison to National Grid. All apts have electric heaters and two have propane monitor heaters. Solid foundation. House just needs paint. Rubber roof on main house. Metal roof on back addition and shingled roof on two porches. Two hot water heaters are new within last two years. Three apts have updated vinyl double pane windows. There is a small attic with belfry. The last picture shows original front doors 9' 6" tall, 2 1/2 " thick and 25' wide with original glass if you want to incorporate them back into home. This home could be converted back to a huge single family home with a few simple modifications. Library directly across the street. Indian River School District.We do have two Managers that are very familiar with the property. They meet with tenants, go over lease, make deposits and tend to needed repairs or emergencies should they occur. Both managers may consider transferring services to new owner.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Radiant, Electric, Propane / Butane
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,990 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Shingle, Wood, Wood products, Metal

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 1880

    Community & neighborhood

    Location
    • Region: Theresa
    Services availability