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Property at 163 Ridge Road, Lansing, NY 14882
ACTIVE
0
$635,000

163 Ridge RoadLansing, NY, 14882

6 Beds4 Baths2,832 SqFt0.77 Acres
This charming Lansing multifamily has been fully renovated and optimized for short- and mid-term rental, and had a gross income of $126,708 in 2025. This STR operation is entirely turnkey, from listings to advertising to management and cleaning. Guests love the proximity to Myer's Park and the convenience of shopping and restaurants. The main unit has a fireplace, bright and airy layout, a fully updated kitchen with bar seating and open dining area, and covered raised deck. The lower unit has a second luxurious fireplace, a walkout covered patio, truly open kitchen and living space, and cozy bedrooms. Both units are furnished down to the silverware in mid-century modern style, with custom lighting and fixtures. The house is a legal three-unit, but is currently utilizing two. Contact agent for OM and financial information- this one is performing at an actual 12% cap rate!
1 / 40

Est. Monthly

$3,010/MO

$635,000

163 Ridge Road, Lansing, NY

6 Beds4 Baths2,832 SqFt0.77 Acres

This charming Lansing multifamily has been fully renovated and optimized for short- and mid-term rental, and had a gross income of $126,708 in 2025. This STR operation is entirely turnkey, from listings to advertising to management and cleaning. Guests love the proximity to Myer's Park and the convenience of shopping and restaurants. The main unit has a fireplace, bright and airy layout, a fully updated kitchen with bar seating and open dining area, and covered raised deck. The lower unit has a second luxurious fireplace, a walkout covered patio, truly open kitchen and living space, and cozy bedrooms. Both units are furnished down to the silverware in mid-century modern style, with custom lighting and fixtures. The house is a legal three-unit, but is currently utilizing two. Contact agent for OM and financial information- this one is performing at an actual 12% cap rate!

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1966
Days on Market45 days

Est. Monthly Payment

$3,009.88

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

163 Ridge Road

Lansing, NY 14882 • Tompkins
6
Beds
4
Baths
2,832
SqFt
0.77
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
196660 years ago
Days on Market
45 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $7,984
Property History
  • Listed for sale
    Apr 28, 2026 • NYSAMLS • S1677371
    $635,000
Mortgage Calculator
Estimated monthly payment for this property
$3,009.88
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    S1677371
  • Listing Office
    Yaman Commercial Industrial
  • Last Updated
    44 days ago

Appliances

  • Appliances
    Gas Water Heater

Climate & Systems

  • Heating
    • Ductless
    • Gas
    • Baseboard
    • Hot Water

Interior Features

  • Flooring
    • Hardwood
    • Laminate
    • Tile
    • Varies
  • Doors
    Sliding Doors
  • Interior Features
    • Sliding Glass Doors
    • Sauna

Parking

  • Parking Features
    • Garage
    • Gravel
    • Paved
    • Two Or More Spaces
  • Garage Spaces
    1

Lot & Grounds

  • Lot Size
    0.77 acres
  • Lot Features
    • Irregular Lot
    • Other
    • See Remarks
  • Patio & Porch
    • Balcony
    • Deck
    • Patio
  • Exterior Features
    • Balcony
    • Deck
    • Patio
    • Private Yard
    • See Remarks

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family
  • Architectural Style
    Triplex

Structure

  • Construction
    • Frame
    • Vinyl Siding
  • Roof
    • Asphalt
    • Metal
  • Foundation
    • Poured
    • Slab

Condition

  • Year Built
    1966
  • Condition
    Resale
  • Days on Market
    45 days
  • Water
    Well
  • Sewer
    Septic Tank
  • Utilities
    • Cable Available
    • High Speed Internet Available

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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