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1613 Ridge Road

Lansing, NY 14882

$495,000 $2,086/Mo

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Overview

Bed

Bath

5,644

Sqft

Description

Excellent investment opportunity just under 1 mile from the lake. This cash-flowing property offers strong income potential with below-market rents and expiring leases, providing immediate upside for increased revenue or owner occupancy. Property allows for value-add improvements and personal updates to maximize returns. Includes two currently rented trailers generating additional income, along with four vacant trailer lots offering expansion potential. One vacant 3-bedroom, 1-bath unit provides opportunity for owner occupancy or lease-up. Additional features include on-site storage, maintenance garage space, and a backup boiler system for added reliability. Established property management company is in place and willing to remain if desired.

Property Details

Property Type : Residential Income

Price : $495,000

AD Id : 76280106

MLS Id : R1667163

Beds : 6

Living Area Size : 5,644

Year Built : 1950

Garage : 1

County : Tompkins

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Room Information

Has Basement: Yes Basement: Dirt Floor, Full, Sump Pump
Flooring Information

Hardwood, Tile, Varies, Vinyl
Roofing Information

Asphalt
Interior Features

Ceiling Fan(s), Other, See Remarks, Storage Roof: Asphalt Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Microwave, Refrigerator, Washer
Heating & Cooling

Has Heating: Yes Heating: Propane, Baseboard Has Cooling: Yes Cooling: Ceiling Fan(s)

Building Information

Year Built: 1950 Building Area Total: 5644 Construction Materials: Vinyl Siding, Wood Siding Stories: 2 Private Pool: No

Lot Information

Lot Dimensions: 485X622 Lot Description: Irregular Lot

Listing Price Information

Listing Price: $495000 Cash, Conventional

Tax Information

Parcel Number: 503289-011-000-0001-011-001-0000 Annual Tax: $8644

Parking Information

Gravel, Driveway, Garage, Shared Driveway

Garage Information

Has Garage: Yes Garage Space: 1

School Information

Elementary School: Raymond C Buckley Elementary

Junior High School:

Senior High School:
Utility Information

Electricity Available, Propane
Location Information

WaterSource: Well

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
163 Ridge Road, Lansing, NY, 14882	$635,000	6	4	2,832	2,832 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Ithaca Board of REALTORS®, Inc. 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. Information deemed reliable but not guaranteed. Copyright ©2026 Ithaca Board of REALTORS®, Inc. All rights reserved.

ByOwner last updated this listing 06/07/2026 @ 00:32

MLS: R1667163 LISTED BY: Justin Kimball, Howard Hanna S Tier Inc 607-257-0800 SOURCE: Ithaca Board of REALTORS