Active

1403 Ridley Road

Phelps, NY 14532

$219,000 $923/Mo

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Overview

924

Sqft(Lot)

12.60

Acres(Lot)

Description

Exceptional investment opportunity on over 12 acres of expansive land, offering both immediate income and future growth potential. The property features eight established mobile home pads, with seven currently occupied, providing steady rental income from day one. Current lot rents are set at $400 per month per pad, while total monthly operating expenses are approximately $870, covering taxes, insurance, common electric, and garbage services—resulting in strong cash flow and attractive margins for investors. With significant additional acreage available, there is potential for expansion or further development, subject to municipal approvals. Buyers are encouraged to contact the Town of Phelps directly for guidance on park expansion and zoning considerations. This is a rare opportu nity to acquire an income-producing property with upside potential in a growing market.

Property Details

Property Type : Land

Price : $219,000

AD Id : 81588057

MLS Id : R1688898

Lot Size : 12.60 Acres(Lot)

Living Area Size : 924

County : Ontario

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

Has Heating: Yes Heating: Propane

Building Information

Year Built: 1989 Building Area Total: 924 Private Pool: No View: Scenic

Lot Information

Lot Dimensions: 736X735 Main Square Feet: 12.6 Acres Lot Size Acres: 12.6 Lot Size Square Feet: 548856 Lot Description: Level, Rectangular Lot, Rolling Slope

Listing Price Information

Listing Price: $219000 Cash

Tax Information

Parcel Number: 324089-036-000-0002-023-000 Annual Tax: $4472

Parking Information

Gravel

Utility Information

Electricity Available
Location Information

Direction: From Cress road heading East take left onto Ridley rd. Property is approx. 500 feet on right WaterSource: Private, Well

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
State Route 96 St, Phelps, NY, 14532	$179,000	--	--	--	6.90 Acres(Lot)

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Bankert,
Phelps, NY, 14432

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State Route 96 St,
Phelps, NY, 14532

Acres(Lot)

1403 Ridley Road,
Phelps, NY, 14532

924

Sqft (Lot)

12.60

Acres(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 06/10/2026 @ 17:18

MLS: R1688898 LISTED BY: Jonathan Welch, McMillan & Welch Real Estate A 585-727-1647 SOURCE: Upstate New York Real Estate Information Services (UNYREIS)