Rare investment opportunity in the heart of Theresa offering exceptional income potential and flexible use options! The property features three separate units, including two in the main house and a private third unit above the barn, ideal for added privacy or supplemental income. Each unit includes in-unit laundry, and the property has a past rental history. Making this the perfect opportunity for seasoned investors or those looking to generate additional rental income.
Situated on a quiet dead-end street, this property is close to village amenities with convenient access to local businesses, schools, and parks. Just 20 minutes from Fort Drum and a short drive to Watertown, the location is well-suited for prospective rental occupants seeking accessibility to nearby employment and amenities. This property presents a strong value-add opportunity for buyers looking to make improvements and maximize returns. Outdoor features include a front porch, spacious side deck, and partially fenced yard. Ample storage is available in the dry basement and barn. There are two separate, extra-wide driveways providing abundant off-street parking.
Property could be converted back to a single-family residence if desired, offering additional flexibility for future use. This could be a great project with strong potential for value-add.
Property is being sold as-is.
Call to schedule your showing, an opportunity like this wont last long!
|
DAYS ON MARKET
|
2
|
LAST UPDATED
|
3/31/2026
|
|
YEAR BUILT
|
1830
|
COMMUNITY
|
Theresa-Village-225601
|
|
GARAGE SPACES
|
1.0
|
COUNTY
|
Jefferson
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| AIR |
Ceiling Fan(s), Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Water Heater |
| AREA |
Theresa-Village-225601 |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Attic/Crawl Hatchway(s) Insulated, Wood Siding |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Baseboard, Electric, Forced Air, Oil |
| HOA DUES |
Multi Family |
| LOT |
10799 sq ft |
| LOT DESCRIPTION |
Irregular Lot |
| LOT DIMENSIONS |
108X100 |
| PARKING |
Gravel |
| STORIES |
2 |
| TAXES |
208412 |
| UTILITIES |
Electricity Available, Sewer Connected, Water Connected |
| WATER |
Public |
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Listing provided by: Vivian Santos, NNY Homes Inc
Listing data courtesy of the Internet Data Exchange (IDX) Program of CNYIS and the Adirondack Champlain Valley Multiple Listing Service.
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Listing information deemed reliable but not guaranteed
This IDX solution is (c) Diverse Solutions 2026.
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