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Duplex With Separate Utilities
For Sale
$149,000

9 Winter Street, Massena, NY 13662

MULTIFAMILY, Two family, Massena, NY

Property Size1,449 SF
Price / SF$102.83
Days on Market101

Property Features for 9 Winter Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
Parking 4
Parking features Driveway
Interior features Modern kitchen
Exterior features Outdoor lights
Directions From Main Street take a right hand turn onto Garvin Avenue near Tim Hortons. Then take a right onto Winter Street. Second one in on the left hand side, look for sign.
Subdivision ST LAWRENCE
Standard status Active
APN 9.075-2-12
Size 1,449 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 2800

Utilities

Utilities Cable Available
Water source Public

Building Details

Year built 1940
Floors in Building 2
Number of units 2
Flooring type Vinyl, Laminate, Carpet, Wood floors
Building materials Vinyl siding
Roof type Metal
Architectural style Other
Buildings 1
Listing Agency: Kassian Real Estate, LLC
Listed By: Lucille Kassian · License #40KA0346866
Added: Jul 22 Changed: Oct 27 Last Checked: Oct 30 at 3:06PM
MLS# 53112

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,449-square-foot duplex, built in 1940, contains two separate residential units. The larger unit includes three bedrooms, one full bathroom, laundry, a kitchen with appliances, a formal dining room, and a living room. The second unit offers two bedrooms, one full bathroom, and an open-concept kitchen and living area.

Each unit has its own utilities, with tenants paying their own heat and electricity. Heating is provided by a natural gas furnace and gas water heater in the first unit, while the second unit is all electric. Property improvements include a metal roof, newer paved driveway, vinyl siding, wood, vinyl, carpet, and laminate flooring, plus outdoor lights. Public water and cable availability are also noted. The property is located at 9 Winter Street in Massena, New York.

Key Highlights

  • 1,449‑square‑foot duplex built in 1940
  • Two residential units with 3‑bedroom and 2‑bedroom layouts
  • Separate utility service for each unit; tenants pay heat and electricity

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,404
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,080 $148.1K
Cap Rate 7%
$105,771 $105.8K
Cap Rate 9%
$82,267 $82.3K
Market Conditions
NOI Build-Up for 1,449 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%
$148,080
Cap Rate 7%
$105,771
Cap Rate 9%
$82,267

Alternative Uses

Best Use
Multifamily LT 5
$105.8K
$92.6K – $123.4K (±1% cap)
NOI $7,404 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$96.8K
$84.7K – $113.0K (±1% cap)
NOI $6,779 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$359.5K
$314.6K – $419.4K (±1% cap)
NOI $25,164 @ 7.0% cap · market cap 16.89%
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
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with independent utility service, a metal roof, and a paved driveway.
Where is this duplex located?
The property is located at 9 Winter Street 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: 1,449‑square‑foot duplex built in 1940; Two residential units with 3‑bedroom and 2‑bedroom layouts; Separate utility service for each unit; tenants pay heat and electricity
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