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    1566 State Highway 131 Massena, NY 13662

    For Sale
    $159,000

    MULTI-FAMILY, Multiunit,Ranch,Ranch - Massena, NY

    Property size:
    2,397 SF
    Days on Market:
    55
    Last Refresh:
    Dec 9 at 12:06 pm

    Property Features for 1566 State Highway 131

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    Commercia 1 according to tax record
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    3
    APN
    4.081-2-4
    Parking features
    Driveway, Paved or Surfaced
    Patio and Porch features
    Porch
    Interior features
    Ceiling Fan(s), Modern Kitchen
    Exterior features
    Enclosed Porch, Outdoor Lights, Storage/Out-building(s)
    Appliances
    Dishwasher, Refrigerator, Washer
    Size
    2,397 SF

    Utilities

    Heating system
    Baseboard, Electric (Heating), Oil

    Building Details

    Year built
    1944
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Carpet, Vinyl
    Building materials
    Frame, Vinyl Siding
    Roof type
    Metal
    Architectural style
    Ranch

    Kassian Real Estate (315) 769-0025

    Listing agent Michael E. Kassian (315) 769-0025 License #10491212430

    Listing date Oct 16, 2025

    MLS# 51533 Listing URL

    Copyright © 2025 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Massena Multi-Unit Investment Opportunity

    This multi-family property features three units and is located in Massena, New York, benefiting from Massena Electric. Situated across the street from the St. Lawrence River, the property is also near a boat launch, the Intake area, a town beach, and an 18-hole golf course. The property is fully occupied with long-term tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Massena
    County
    St. Lawrence
    State
    New York
    Longitude
    -74.914602
    Latitude
    44.963721

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    FAQs

    What type of property is this?
    Triplex - Three-unit income property near St. Lawrence River, Massena, NY.
    Where is this triplex located?
    The property is located at 1566 State Highway 131 Massena, NY.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: - Fully occupied income property with long-term tenants.; - Located across the street from the St. Lawrence River.; - Steps away from boat launch, Intake area, Town Beach, and golf course.
    (315) 769-0025
    Request Owner's contact information
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    Massena, NY 13662
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1566 State Highway 131 Massena, NY 13662
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