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.
Multi-familyProperty Type
1950Year Built
6.93 acresLot Size
$88Price/Sq.Ft.
1 car garageParking
Listing by Justin Kimball• Howard Hanna S Tier Inc
The intent of the RA District is to designate areas where farming and farm-related businesses are the predominant and desired land use activities. Some nonagricultural development, largely low-density housing, has occurred, is anticipated in the future, and is appropriate. Measures to preserve the viability of farming activities are appropriate.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
1/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Lansing, NY • 14882
Average low and high temperatures (°F)
28
17
31
18
49
30
58
38
64
47
77
59
82
64
77
58
74
53
61
42
48
34
35
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
57/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.2 hrs
2.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1613 Ridge Rd
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