For Sale
3-5 Cedar Street/Woodlawn, Massena, NY 13662
$199,900
For Sale
3-5 Cedar Street/Woodlawn, Massena, NY 13662
$199,900
Property Description
Investment Opportunity –Great Income Property Near Downtown Massena, NY Discover a high-return investment opportunity in the heart of Massena within walking distance to a park across the street, Alcoa and downtown Massena, New York—a charming small town known for its affordable cost of living, reliable high-speed internet, and economical electricity rates. Located at 3 & 5 Cedar Street, Woodlawn, this property offers stable rental income and exceptional potential for long-term appreciation. The property features two side-by-side apartments in a red brick building—a 4-bedroom residence and a 3-bedroom residence, both currently occupied with long-term tenants generating $1,600 per month in combined rental income. 3 Cedar Street: 4 bedrooms (3 upstairs, 1 downstairs), 1-bathroom, all-electric heat. Spacious layout with classic charm and a covered front porch. 5 Cedar Street: 3 bedrooms, 1 bathroom, laminate flooring, main floor laundry, and a cozy covered front porch. The Woodlawn side is empty at this time and is being used by the owner on occasion. These homes feature a metal aluminum roof (approx. 10 years old), brick siding, and a low-maintenance design—ideal for investors seeking a turnkey multi-family property. Perfectly situated within walking distance to a park across the street, Downtown Massena, you’ll find restaurants, parks, a library, and museums just minutes away. The area is a hub for outdoor enthusiasts, offering fishing, boating, hiking, swimming, skiing, and camping within easy reach. Only a short drive to the Massena Airport with fast direct flights to and from Boston, Clarkson University, SUNY Potsdam, and St. Lawrence University, as well as Ottawa, Montreal, and Plattsburgh, this property is perfectly located for cross-border commuters, university staff, and remote tech workers seeking small-town tranquility without sacrificing convenience. Nearby attractions include the Akwesasne Mohawk Casino Resort and year-round cultural events at the Saint Regis Mohawk Reservation. Whether you’re an investor from New York City searching for profitable, affordable real estate or a tech professional seeking a peaceful upstate retreat with modern connectivity, this property offers the best of both worlds—steady income and lifestyle value. Highlights: Two rental units currently occupied Total rent: $1,600/month Metal roof (approx. 10 years old) Brick siding with metal roof Excellent walkability to downtown Affordable electric utilities Close to universities, cultural destinations, and outdoor recreation Don’t miss this rare opportunity to own a multi-family investment property in one of Northern New York’s most promising small towns. This building is also part of a multiple unit featuring 21 apartments and can be bought individually or as a complex of 21 unts.
Property Summary
| Type |
MULTIFAMILY / COMMERCIAL |
MLS # |
52264 |
| Stories |
2 |
Year Built |
1960 (66 years old) |
| Apartments |
3 |
Est. Taxes |
$0 |
Features
Interior |
Full Bathrooms: 3
Electric heating
Internet Access
Telephone
|
Exterior |
Roof: metal, shingle
Color: red/white
Total Buildings: 1
Lot Size: 72 x 108
Sewer: Public
Electric Meters: 3
Aluminum siding
Brick exterior
|
Other Information |
County: Saint Lawrence
Massena Central School District
Year Built/Age: 1960 / 66
Days On Market: 4
|