Active

$495,000

1613 Ridge Rd, Lansing, NY 14882

6beds

0baths

5,644sqft

Multi Family

Built in 1950

-- sqft lot

$-- Zestimate^®

$88/sqft

$-- HOA

What's special

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.

124 days

153

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 0

Heating

Propane, Baseboard

Appliances

Included: Dryer, Dishwasher, Electric Cooktop, Freezer, Microwave, Propane Water Heater, Refrigerator, Washer

Features

Ceiling Fan(s), Other, See Remarks, Storage, Programmable Thermostat
Flooring: Hardwood, Tile, Varies, Vinyl
Basement: Dirt Floor,Full,Sump Pump
Has fireplace: No

Interior area

Total structure area: 5,644
Total interior livable area: 5,644 sqft

Property

Parking

Total spaces: 1
Parking features: Three or more Spaces, Driveway, Garage, Shared Driveway
Garage spaces: 1

Features

Levels: Two
Stories: 2
Exterior features: Gravel Driveway, Propane Tank - Leased

Lot

Size: 6.93 Acres
Dimensions: 485 x 622
Features: Irregular Lot

Details

Parcel number: 50328901100000010110010000
Special conditions: Estate,Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding, Wood Siding
Roof: Asphalt

Condition

Resale
Year built: 1950

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Available

Community & HOA

Community

Features: None

Location

Region: Lansing

Financial & listing details

Price per square foot: $88/sqft
Tax assessed value: $306,900
Annual tax amount: $8,644
Date on market: 3/18/2026
Cumulative days on market: 100 days
Listing terms: Cash,Conventional
Tenant pays: All Utilities

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/19/2026	Listed for sale	$495,000$88/sqft
Source: NYSAMLSs #R1667163 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
8/29/2019	Listing removed	$1,300
Source: Owner Report a problem
6/17/2019	Listed for rent	$1,300
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2018	$4,231	$47,000 +33.9%
2017	$4,231	$35,100 -61.8%
2016	--	$91,900
2015	--	$91,900
2014	--	$91,900

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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