Renovated Two-Unit
For Sale
$165,000
19 Douglas, Massena, NY 13662
Two separate residences offer private entrances, updated kitchens and bathrooms, and a shared basement with laundry and workshop space.
Property Size1,450 SF
Price / SF$113.79
Days on Market372
Property Features for 19 Douglas
General Information
Standard status
Active
Size
1,450 SF
Property subtype
Multi Family Home
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Amenities
workshop
laundry
extra shower
deck
gazebo
storage shed
Building Details
Building Size
1,450 SF
Year Built
1945
Stories
2
Units
2
Listing Agency:
1st Class Realty Group
(315) 769-2500
Listed By:
Diana Dufresne · License #10371202021
(315) 769-7533
Source:
Fiaccorealty
Added: Oct 19, 2025
Changed: Oct 25
Last Checked: Oct 23 at 5:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 1st Class Realty Group
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Investment Insights
Based on property information with market context.
This 1,450-square-foot duplex contains two units, each with a private entrance, kitchen with cherry cabinetry and appliances, updated bathroom, spacious rooms, and hardwood flooring. Recent work includes a metal roof, furnace, fresh paint, and plumbing inspection. The basement provides laundry, a workshop area, and an additional shower. Multiple decks, a gazebo, and a storage shed add outdoor and storage space. The property was built in 1945.
The building is at 19 Douglas in Massena, within walking distance of downtown, restaurants, shops, and Alcoa. Clarkson University, SUNY Potsdam, and SUNY Canton are among the regional institutions identified nearby.
The building is at 19 Douglas in Massena, within walking distance of downtown, restaurants, shops, and Alcoa. Clarkson University, SUNY Potsdam, and SUNY Canton are among the regional institutions identified nearby.
Key Highlights
- Two units, each with a private entrance
- 1,450 square feet; built in 1945
- Metal roof, new furnace, fresh paint, and plumbing inspection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,409
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,180
$148.2K
Cap Rate 7%
$105,843
$105.8K
Cap Rate 9%
$82,322
$82.3K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$13.4K $9.24/SF
− Vacancy
−$2.8K −$1.94/SF
EGI
$10.6K $7.30/SF
− OpEx
−$3.2K −$2.19/SF
NOI
$7.4K $5.11/SF
Area
St. Lawrence County, NY
Vacancy
21.00%
Lease Rate
$9.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,180
Cap Rate 7%
$105,843
Cap Rate 9%
$82,322
Alternative Uses
Best Use
Multifamily LT 5
$105.8K
$92.6K – $123.5K
NOI $7,409 @ 7.0% cap · market cap 4.49%
Second Best
Apartment 5plus
$96.9K
$84.8K – $113.1K
NOI $6,784 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$359.7K
$314.8K – $419.7K
NOI $25,181 @ 7.0% cap · market cap 15.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
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Business Placement
Demographics for 13662, NY
15,814
Population
7,785
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
89%
High-School Grad
89.2 sq mi
ZIP Area
177
Density / Sq Mi
$56,987
Median Household Income
$38,535
Median Earnings
$712
Median Rent
$118,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer private entrances, updated kitchens and bathrooms, and a shared basement with laundry and workshop space.
Where is this duplex located?
The property is located at 19 Douglas Massena, NY.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two units, each with a private entrance; 1,450 square feet; built in 1945; Metal roof, new furnace, fresh paint, and plumbing inspection
