Triplex with Garage
For Sale
$179,000
5 Winter Street, Massena, NY 13662
The three apartments range from one to three bedrooms, with two offering garage access.
Property Size2,160 SF
Price / SF$82.87
Days on Market101
Property Features for 5 Winter Street
General Information
Standard status
Active
Size
2,160 SF
Total Parking Spaces
5
Property subtype
Multi Family Home
Occupancy
100%
Additional Details
Gross Income
$29,400
Multifamily Units
3
Tenant in Place
Yes
Amenities
garage access
Building Details
Building Size
2,160 SF
Year Built
1910
Stories
3
Units
3
Listing Agency:
Kassian Real Estate, LLC
(315) 769-0025
Listed By:
Lucy Kassian · License #40KA0346866
(315) 250-2383
Source:
Kassianrealestate
Added: Jul 22
Changed: Oct 27
Last Checked: Oct 26 at 6:34PM
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 Kassian Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 2,160-square-foot triplex at 5 Winter Street in Massena contains three apartments, with layouts ranging from one to three bedrooms. Each unit has a remodeled kitchen and an updated bathroom. Garage access is available to two apartments. The building dates to 1910, and improvements include new siding, a roof, and a paved driveway.
All three apartments are occupied by long-term tenants. Residents pay their own heat and electricity.
All three apartments are occupied by long-term tenants. Residents pay their own heat and electricity.
Key Highlights
- Three apartments with one- to three‑bedroom layouts
- 2,160 square feet; built in 1910
- Remodeled kitchens and updated bathrooms in all units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,037
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,740
$220.7K
Cap Rate 7%
$157,671
$157.7K
Cap Rate 9%
$122,633
$122.6K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$20.0K $9.24/SF
− Vacancy
−$4.2K −$1.94/SF
EGI
$15.8K $7.30/SF
− OpEx
−$4.7K −$2.19/SF
NOI
$11.0K $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%
$220,740
Cap Rate 7%
$157,671
Cap Rate 9%
$122,633
Alternative Uses
Best Use
Multifamily LT 5
$157.7K
$138.0K – $184.0K
NOI $11,037 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$144.4K
$126.3K – $168.4K
NOI $10,106 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$535.9K
$468.9K – $625.2K
NOI $37,511 @ 7.0% cap · market cap 20.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Explore this area
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?
Triplex - The three apartments range from one to three bedrooms, with two offering garage access.
Where is this triplex located?
The property is located at 5 Winter Street Massena, NY.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Three apartments with one- to three‑bedroom layouts; 2,160 square feet; built in 1910; Remodeled kitchens and updated bathrooms in all units
