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For Sale

Beautiful Finger Lakes STR

163 Ridge Rd,
Lansing, NY 14882

Asset Snapshot

$75,354
NOI
1966
Year Built
2023
Year Renovated
2
Floor Count
3 Units
Unit Count
0 SF
Average Unit Size
2,832 SF
Property Size

Offering Summary

Investment Overview

This charming Lansing triplex has been fully renovated an optimized for short and midterm rental. Guests love the proximity to Myer's Park alongside 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 fully furnished in mid-century-modern style, and have custom lighting and fixtures. This property is a legal three-unit, but is currently utilizing two; buyer may have ability to add an ADU.


Investment Highlights

  • Phenomenal location 5-minute drive from Cayuga Lake
  • Gross income $126,708 in 2025
  • 12 minutes from downtown Ithaca
  • Highly desirable vacation destination
  • Located in close proximity to two universities
  • Renovated from top to bottom in 2023
  • Guests enjoy fire pit, sauna, brand new appliances, and more!

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Listing Syndicated From

Buildout
For Sale
$599,000
Asking Price