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3 Five Cedar Street Woodlawn, Massena, NY, 13662

9beds
3baths
1,800sqft
$199,900
$111price/sqft
$1,780/moest. monthly cost
$71,200/yrincome needed

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

45
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

4/10
Madison Elementary SchoolGrades PK-61.1 mi
5/10

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
    Cold WaveRelatively High
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters in St. Lawrence County and New York

Flood
Hurricane
Severe Storm
Snowstorm
Tornado
Tropical Depression
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,010$12,120
Home Insurance *$152$1,824
Property Taxes $321$3,852
Electricity $297$3,569
Total$1,780$21,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,028/yr
40% on housing$53,400/yr
45% on housing$47,466/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 3.4%
3.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$111This listing

vs Other Active Listings

Avg $/sqft

ZIP 13662$105
St. Lawrence County$126

vs Homes Sold Last Month

Median $/sqft

ZIP 13662$90
St. Lawrence County$99

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

DateEventPrice
2025-12-30Listed for sale$199,900

For Sale by Agent

AgentDiana Dufresne
Brokerage1st Class Realty Group

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