Two-Unit Duplex With Workshop

46 Parker Ave Massena, NY 13662

Claim this Listing
New
For Sale
$149,000

MULTI_FAMILY - Massena, NY

Property size:
1,973 SF
Price / SF:
$75/SF
Added:
Jul 9, 2026
Days on Market:
4
Last Refresh:
Jul 12 at 2:06 am

Property Features for 46 Parker Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 2, Bedroom 3, Family Room, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2
Parking features
Driveway, Garage
Patio and Porch features
Deck, Patio
Interior features
Ceiling fan(s), Kitchen isle, Modern kitchen, Pantry
Exterior features
Deck, Enclosed patio, Storage/out-building(s)
Fencing
Fenced
Fireplace
1
Standard status
Active
APN
9.067-12-18
Size
1,973 SF

Taxes and HOA fees

Tax Annual Amount
3549

Utilities

Water source
Public

Building Details

Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Carpet, Laminate
Building materials
Vinyl siding
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage

Listing agent Elizabeth Trego License #10491210659

Listing office Trego Realty Group, LLC 162 Main Street, Suite 2, Massena, NY

Listing date Jul 9, 2026

MLS# 53050 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This well-maintained duplex features two separate apartments with separate living areas. The first-floor unit offers two bedrooms and two full bathrooms, including one bathroom located in the basement. The layout includes an enclosed front entry, a double living room with a gas fireplace, a den, and a mudroom with a closet, with an enclosed back porch overlooking a fenced backyard. A back deck provides additional outdoor space. The basement is accessible from the first-floor unit and includes a laundry area with a washer and dryer, the second full bathroom, and an additional storage room.

The second-floor unit includes two bedrooms, one full bathroom, a bright kitchen, a comfortable living room, and an alcove that can be used as a reading nook, home office, or play area. This unit also has access to the attic for extra storage.

Outside, the property includes a garage that has been converted into a workshop, along with an extra room off the back that can support hobbies, projects, or additional storage, with the option to convert back to a traditional garage. A separate storage shed is also located in the backyard.

Key Highlights

  • Duplex built in 1920 with two separate apartments, each with its own living areas
  • First‑floor unit layout includes 2 bedrooms, 2 full bathrooms, an enclosed front entry, double living room, den, and mudroom
  • Gas fireplace and enclosed back porch overlooking a fenced backyard, plus a back deck for outdoor living

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $18.2k $9.24
− Vacancy −$3.8k −$1.94
EGI $14.4k $7.30
− OpEx −$4.3k −$2.19
NOI $10.1k $5.11
1,973 SF · lease $9.24/SF/yr · vacancy 21.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$144.0K
$126.0K – $168.0K (±1% cap)
NOI $10,081 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$131.9K
$115.4K – $153.9K (±1% cap)
NOI $9,231 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$489.5K
$428.3K – $571.1K (±1% cap)
NOI $34,264 @ 7.0% cap · market cap 23.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Bakery Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith Electrical Service Carpet & Flooring Store Storage Facility Home Appliance Store Tech Support Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex with two two-bedroom apartments, shared basement access, and a garage converted to a workshop.
Where is this duplex located?
The property is located at 46 Parker Ave Massena, NY.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Duplex built in 1920 with two separate apartments, each with its own living areas; First‑floor unit layout includes 2 bedrooms, 2 full bathrooms, an enclosed front entry, double living room, den, and mudroom; Gas fireplace and enclosed back porch overlooking a fenced backyard, plus a back deck for outdoor living
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