




3 Five Cedar Street Woodlawn, Massena, NY, 13662
About This Home
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.
Getting Around
Schools
Construction
Condition
- Property condition: Sold as is
- Year built: 1960
Materials
- Foundation: Basement
- Roof: Metal,Shingle
- Construction materials: Aluminum Siding,Brick Veneer,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
Interior
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Hardwood
Heating
- Heating features: Electric,Natural Gas
Interior Area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Details
- Parcel number: 9.051321
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered porch
Lot
- Lot size: 7,776 sqft
- Lot size dimensions: 72 x 108
Parking
- Total spaces: 3
- Parking features: 3 or more parking spaces
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Ice Storm
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in St. Lawrence County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,010 | $12,120 |
| Home Insurance * | $152 | $1,824 |
| Property Taxes | $321 | $3,852 |
| Electricity | $297 | $3,569 |
| Total | $1,780 | $21,360 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-30 | Listed for sale | $199,900 |
