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163 Ridge Rd, Lansing, NY, 14882

6beds
4baths
2,832sqft
$635,000
$224price/sqft
$4,929/moest. monthly cost
$197,160/yrincome needed

About This Home

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!

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

6/10
Lansing Middle SchoolGrades 5-80.9 mi
8/10
Lansing High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1966

Materials

  • Foundation: Poured,Slab
  • Roof: Asphalt,Metal
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Triplex
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Sliding Glass Door(s),Sauna
  • Door features: Sliding Doors
  • Flooring: Hardwood,Laminate,Tile,Varies
  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area below ground: 1,416

Heating & Cooling

  • Heating features: Ductless,Gas,Baseboard,Hot Water
  • Cooling features: Ductless

Interior Area

  • Total structure area: 2,832
  • Total interior livable area: 2,832 sqft

Property

Details

  • Parcel number: 50328903500000010020000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Balcony,Deck,Patio
  • Exterior features: Balcony,Deck,Patio,Private Yard,See Remarks

Lot

  • Lot size: 0.77 Acres
  • Features: Irregular Lot,Other,See Remarks
  • Lot size dimensions: 168 x 249

Parking

  • Total spaces: 1
  • Parking features: Garage,Gravel,Paved,Two or More Spaces
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1