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.
For sale
$199,900
3 Five Cedar Street Woodlawn, Massena, NY 13662
9beds
1,800sqft
MultiFamily
Built in 1960
-- sqft lot
$184,600 Zestimate®
$111/sqft
$-- HOA
What's special
Brick sidingRed brick buildingCovered front porchMain floor laundryLaminate flooringCozy covered front porch
- 242 days
- 45
- 1
Zillow last checked:
Listing updated:
Listed by:
1st Class Realty Group,
Diana Dufresne 315-322-2448
Source: SLCMLS,MLS#: 52264
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Natural Gas
Features
- Flooring: Hardwood
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or more parking spaces
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered porch
Lot
- Size: 7,776 Square Feet
- Dimensions: 72 x 108
Details
- Additional structures: Storage/out-building(s)
- Parcel number: 9.051321
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
Materials
- Aluminum Siding, Brick Veneer, Wood Siding
- Foundation: Basement
- Roof: Metal,Shingle
Condition
- Sold as is
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Gas, Internet Access, Phone Available
Community & HOA
Location
- Region: Massena
Financial & listing details
- Price per square foot: $111/sqft
- Price range: $199.9K - $199.9K
- Date on market: 12/30/2025
- Total actual rent: 2550
- Tenant pays: Electricity, Heat
- Electric utility on property: Yes
Estimated market value
$184,600
$175,000 - $194,000
$971/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2025 | Listed for sale | $199,900$111/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 13662
Nearby schools
Schools provided by the listing agent
- District: Massena Central School District
Source: SLCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



