1613 Ridge RD, Lansing, NY 14882
1613 Ridge RD, Lansing, NY 14882
1613 Ridge RD, Lansing, NY 14882
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$495,000
Est. payment /mo
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6 Beds
5,644 SqFt
Active

1613 Ridge RD Lansing, NY 14882

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Michael Ablan

Michael Ablan

+1(315) 286-3256

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,644 sqft

Price per Sqft $87

MLS Listing ID R1667163

Bedrooms 6

Construction Status Existing

HOA Y/N No

Year Built 1950

Annual Tax Amount $8,644

Lot Dimensions 485X622

Property Sub-Type Other

Property 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.

Location

State NY

County Tompkins

Area Lansing-503289

Rooms

Basement Dirt Floor, Full, Sump Pump

Interior

Interior Features Ceiling Fan(s), Other, See Remarks, Storage, Programmable Thermostat

Heating Propane, Baseboard

Flooring Hardwood, Tile, Varies, Vinyl

Fireplace No

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

Exterior

Exterior Feature Gravel Driveway, Propane Tank - Leased

Garage Spaces 1.0

Community Features None

Utilities Available Electricity Available

Roof Type Asphalt

Garage Yes

Building

Lot Description Irregular Lot

Story 2

Sewer Septic Tank

Water Well

Level or Stories Two

Structure Type Vinyl Siding,Wood Siding

Construction Status Existing

Schools

Elementary Schools Raymond C Buckley Elementary

School District Lansing

Others

Senior Community No

Tax ID 503289-011-000-0001-011-001-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Estate, Standard

Listed by Howard Hanna S Tier Inc 607-592-2475

NEARBY SCHOOL & BUSINESS

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Michael Ablan

Michael Ablan

NYS Lic. R.E. Broker / Owner / CEO | License ID: 10491209935

+1(315) 286-3256

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