For Sale
196 Center Street, Massena, NY 13662
$249,900
For Sale
196 Center Street, Massena, NY 13662
$249,900
Property Description
9-Unit Investment Opportunity in the Heart of Massena, NY – Fully Occupied and Generating Income Discover an exceptional income-producing property in Massena, New York, a charming and affordable small town offering modern infrastructure, high-speed internet, some of the lowest electricity rates in the state and a local airport with fast direct flights to and from Boston —perfect for real estate investors seeking strong ROI and stable tenant This 9-unit apartment complex features nine single-bedroom apartments, each designed with open kitchen-living layouts, full baths, and updated interiors. The building has been extensively improved with a new metal roof, updated windows, brand-new mechanical systems, PVC plumbing, 600-amp electrical panels, and water heaters all replaced within the last six months. Tenants benefit from on-site coin-operated laundry, ample parking, a large yard, and auto-deposited rent payments for easy management. Long-term tenants ensure consistent rental income, making this an investment with minimal oversight required. Located within walking distance to downtown Massena, restaurants, and the Grasse River, this property offers a peaceful, small-town lifestyle with access to endless outdoor recreation—boating, hiking, skiing, swimming, and fishing. It’s also a short drive to Clarkson University, SUNY Potsdam, St. Lawrence University, Canton, Potsdam, and Ogdensburg, as well as major destinations such as Ottawa, Montreal, Plattsburgh, and the Akwesasne Mohawk Casino Resort. Whether you’re looking to diversify your portfolio with a high-yield multifamily property in Saint Lawrence County, or to escape city life while keeping connectivity and convenience, this opportunity offers it all—affordable acquisition costs, strong rental demand, and strategic proximity to New York’s northern cultural and tech corridor. Don’t miss this rare multifamily investment—schedule a private showing today.
Property Summary
| Type |
MULTIFAMILY / MULTI-FAMILY |
MLS # |
52047 |
| Stories |
2 |
Year Built |
1960 (65 years old) |
| Apartments |
9 |
Est. Taxes |
$9,665 |
Features
Interior |
Built-in features
Open floor plan
Window treatments
Full Bathrooms: 9
Baseboard heat
Central heat
Electric heating
Cable TV
Electricity
Internet Access
Telephone
Extra insulation
Insulated door(s)
Insulated windows
Water: Public
Water Heater: Electric
Common Laundry Room
Laundry in basement
Laundry room
Laundry sink
|
Exterior |
Roof: metal
Stories: Two story
Multistory
Lot Size: 105 X 125
Public Road
Sewer: Public
Electric Meters: 10
Cedar/redwood siding
Frame exterior
Vinyl siding
Wood shingle siding
Wood siding
|
Other Information |
County: Saint Lawrence
Massena Central School District
Year Built/Age: 1960 / 65
Days On Market: 56
|