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163 Ridge Road, Lansing, NY 14882

Lansing
Local realty services provided by:CENTURY 21 Jackson Real Estate
163 Ridge Road,Lansing, NY 14882
$599,000
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  • 6 Beds
  • 4 Baths
  • 2,832 sq. ft.
  • Multi-family
  • Active
Listed by: stephanie jacobson
Office: yaman commercial industrial
MLS#:S1677371
Source:NY_GENRIS

Price summary

  • Price:$599,000
  • Price per sq. ft.:$211.51

About this home

**Now offered at an actual 12% cap rate!!** 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!

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Home facts

  • Year built:1966
  • Subdivision & Development:Ridge Road Sec 35
  • Listing ID #:S1677371
  • Added:182 day(s) ago
  • Updated:October 28, 2026 at 03:34 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Hardwood, Laminate, Tile, Varies
  • Bathrooms Description:Sauna
  • Living area:2,832 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas, Hot Water

Structure and exterior

  • Roof:Asphalt, Metal
  • Year built:1966
  • Building area:2,832 sq. ft.
  • Lot area:0.77 Acres
  • Lot Features:Irregular Lot
  • Architectural Style:Triplex
  • Construction Materials:Frame, Vinyl Siding
  • Exterior Features:Balcony, Deck, Patio
  • Foundation Description:Poured
  • Levels:2 Stories

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$211.51
  • Tax amount:$7,984

Features and amenities

  • Amenities:Balcony, Deck, Sauna

Parking

  • Parking description:Garage, Gravel Driveway, Paved
  • Garage:Yes
  • Garage spaces:1

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