Professionally managed & maintained 10 unit income property located in Lansing, convenient to the schools and Myers park. Property consists of 2 buildings with (7) 2 bedroom units and (3) one bedroom apartments. Currently occupied by quality tenants. Strong rental history , most units have been nicely updated. Tenants pay for heat, electric & propane for hot water. Owner pays for water & trash. Coin op laundry in common area along with a security camera system in place. Possible expansion potential.
Professionally managed & maintained 10 unit income property located in Lansing, convenient to the schools and Myers park. Property consists of 2 buildings with (7) 2 bedroom units and (3) one bedroom apartments. Currently occupied by quality tenants. Strong rental history , most units have been nicely updated. Tenants pay for heat, electric & propane for hot water. Owner pays for water & trash. Coin op laundry in common area along with a security camera system in place. Possible expansion potential.
Public Records
Oct 5, 2007
Sold
$425,000
Year
Property tax
Land + Additions
Assessment*
2026
$21,605
$55,000 + $685,000
$740,000
2025
$21,605 (+4.1%)
$55,000 + $685,000
$740,000
2024
$20,758 (−8.2%)
$55,000 + $685,000
$740,000
2023
$22,608 (−4.8%)
$55,000 + $685,000
$740,000
2022
$23,757 (−0.6%)
$55,000 + $685,000
$740,000
2021
$23,893 (−0.3%)
$55,000 + $670,000
$725,000
2020
$23,976 (+3.9%)
$55,000 + $670,000
$725,000
2019
$23,071 (+0.2%)
$55,000 + $645,000
$700,000
2018
$23,022 (+3.3%)
$55,000 + $645,000
$700,000
2017
$22,291 (+20.8%)
$55,000 + $645,000
$700,000
2016
$18,451 (+186.3%)
$55,000 + $620,000
$675,000
2015
$6,445 (−50.0%)
$55,000 + $495,000
$550,000
2014
$12,884
$55,000 + $420,000
$475,000
Tax history for 277 Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2026
$21,605
$55,000 + $685,000
$740,000
2025
$21,605 (+4.1%)
$55,000 + $685,000
$740,000
2024
$20,758 (−8.2%)
$55,000 + $685,000
$740,000
2023
$22,608 (−4.8%)
$55,000 + $685,000
$740,000
2022
$23,757 (−0.6%)
$55,000 + $685,000
$740,000
2021
$23,893 (−0.3%)
$55,000 + $670,000
$725,000
2020
$23,976 (+3.9%)
$55,000 + $670,000
$725,000
2019
$23,071 (+0.2%)
$55,000 + $645,000
$700,000
2018
$23,022 (+3.3%)
$55,000 + $645,000
$700,000
2017
$22,291 (+20.8%)
$55,000 + $645,000
$700,000
2016
$18,451 (+186.3%)
$55,000 + $620,000
$675,000
2015
$6,445 (−50.0%)
$55,000 + $495,000
$550,000
2014
$12,884
$55,000 + $420,000
$475,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
3.1 Acres
Year renovated
—
Sq. Ft.
4,680
Year built
—
Style
Multi-Family (5+ Unit)
County
Tompkins County
APN
503289A03200000010540000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R2
Residential Moderate Density District
The intent of the R2 District is to designate areas where the expected and desired use of land is a mixture of varied types of residential development at a somewhat higher development density. Typically, such areas will have public water service available but may encounter sewage disposal problems. Regulations and standards should relate to the efficient subdivision of land in anticipation of future public sewage disposal service and the creation of an efficient pattern of roadways in accordance with the objectives of the Comprehensive Plan.
Property details
Interior
Heating & Cooling
Heating: Baseboard, Electric
Interior Features
Appliances: Dishwasher, Dryer, Refrigerator, Electric Cooktop, Washer
Room Information
Has Basement
Basement Details: Finished
Exterior
Exterior Features
Roof: Asphalt
Pool Information
Has Private Pool
Building Information
Construction Materials: Brick
Property Features
On Waterfront
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: 5-10 Units
Lot Information
Lot Features: Waterfront
Water Body Name: Cayuga
Lot Size Dimensions: 195 x 700
Lot Size Acres: 3.2
Financial
Tax Information
Tax Annual Amount: $23,331
Utilities
Utility Information
Water Source: Public
Sewer: Septic Tank
Location
Schools Information
High School District: Lansing
Location Information
Directions: Located directly across from Lansing Elementary
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,680
Stories: —
Lot Size: 3.1 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Tompkins County
APN: 503289A03200000010540000000
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Raymond C Buckley Elementary School
Public PreK-4 • Assigned • 0.1mi
7/10
Lansing Middle School
Public 5-8 • Assigned • 0.4mi
5/10
Lansing High School
Public 9-12 • Assigned • 0.2mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 96° 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
81
63
78
56
74
51
61
42
48
34
35
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.