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.

78 days

169

4

Tour with a local agent

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: 54 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

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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