BEDS6
BATHS4 full
SQUARE FEET2,832
MLS#S1677371
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRidge Road Sec 35
SCHOOLLansing
Property Description
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!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ductless
Fireplaces: 2
Garage: 1
Heating: Ductless, Gas, Baseboard, Hot Water
Home Style: Triplex
Lot Size: 0.77 Acres
Roof Type: Asphalt, Metal
Stories: 2.0
Taxes: $7,984
Year Built: 1966
Amenities
Sliding Glass Door(s)
Sauna
Balcony
Deck
Patio
Private Yard
See Remarks
Feature Descriptions
Appliances: Gas Water Heater
Days on Site: 3
Door Features: Sliding Doors
Exterior: Frame, Vinyl Siding
Flooring: Hardwood, Laminate, Tile, Varies
Lot: Irregular Lot, Other, See Remarks
Lot Dimensions: 168X249
Parcel#: 503289-035-000-0001-002-000-0000
Parking: Garage, Gravel, Paved, Two or More Spaces
Parking Notes: Garage, Gravel, Paved, Two or More Spaces
Patio/Porch: Balcony, Deck, Patio
Sewer: Septic Tank
Units: 2
Utilities: Cable Available, High Speed Internet Available
Water: Well
Local Schools
School District: Lansing
Listed By / Shown By
Listing By
Agency Name: Yaman Commercial Industrial
Agency Contact: 607.753.9644
Shown By
Agent Name: Chris Lavey
Agent Phone: (716) 480-9507
Agency Title: MJ Peterson Real Estate
Estimate Your Payment
Estimated Payment
$ 2,263.78 per month $1,413.23 Principal & Interest $665.33 Property Tax $185.21 Homeowner's InsuranceChange Payment Information
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163 Ridge Road | MLS# S1677371
This multi-family property located at 163 Ridge Road, Lansing, NY 14882 is currently listed for sale with an asking price of $635,000. Ridge Road is located within the Lansing school district. Search Lansing real estate on www.chrislavey.com today.