1613 Ridge Road Lansing, NY $ 495,000
1613 Ridge Road
$ 495,000
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1613 Ridge Road

Lansing, NY, 14882
$ 495,000
Bedrooms6 Baths0.0 Sq 5,644

Monthly Estimate*

$ 3,048

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Single Family Home for sale in Lansing, NY

for $495,000 with 6 bedrooms. This 5,644 square foot home was built in 1950.

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.

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Single Family Active

Price

$ 495,000

Bedrooms

6

Property Type

Single Family

Taxes

$ 8,644

Style

Year Built

1950

Town/City

Lansing

County/Region

Tompkins

MLS | Web ID

R1667163

Features
Interior
Interior Amenities CeilingFans Other SeeRemarks Storage ProgrammableThermostat
Basement DirtFloor Full SumpPump
Flooring Hardwood Tile Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 6
Main Level Bathrooms 0
Total Baths 0
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General
Sewer SepticTank
Heating Propane Baseboard
Utilities ElectricityAvailable
Possession CloseOfEscrow
Roof Asphalt
Appliances Dryer Dishwasher ElectricCooktop Freezer Microwave PropaneWaterHeater Refrigerator Washer
Garage Spaces 1.0
Construction Materials VinylSiding WoodSiding
School District Lansing
Year Built 1950
Tenant Pays AllUtilities
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Other
Gross Income 76500.0
Community Features None
County Tompkins
Net Operating Income 47696.0
Operating Expense 20160.0
Property Type MultiFamily
Garage Y/N Yes
Rent Includes CommonAreaMaintenance Water
Status Active
City Lansing
Senior Community Y/N No
High School District Lansing
Number Of Units Total 6
MLS Area Lansing-503289
Lot Size Units Acres
Elementary School Raymond C Buckley Elementary
Year Built Details Existing
Tax Annual Amount 8644.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Lansing
Elementary School District Lansing
Tax Assessed Value 306900
TaxOtherAnnualAssessmentAmount 0.0
Property Sub Type Additional Other
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Exterior
Exterior Amenities GravelDriveway PropaneTankLeased
Parking Features ThreeOrMoreSpaces Driveway Garage SharedDriveway
Lot Features IrregularLot
Water Source Well
Building Area Total 5644.0
Lot Dimensions 485X622
Waterfront Y/N No
Number of Separate Electric Meters 13
Road Frontage Type PrivateRoad
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Internal Only
Street Number 1 1613
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* Excluded Features
List By
Howard Hanna S Tier Inc

Broker

(607) 592-2475

Phone

Affordability Calculator

$3,768
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,048
Monthly Property Taxes
$720
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5129176 Elementary School
4570541 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2026$495,000 Listed Price

Map


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1613 Ridge Road, Lansing, NY, 14882 is a Single Family Home for sale at $495,000 with 5,644 sqft. 1613 Ridge Road has 6 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 14882 which is in Lansing, NY