Map
Listed price in listed location currency (USD).
$219,000

000

MLS® R1688898

  • Key Facts
  • Description
  • Map

Key Facts

Type Residential Land
Levels Land
Size 924 sqft
Garage 
Taxes $4,472
Days Active 14
Lot Size 
Approx. Age 1989
Avg. Price Per Sqft $237
MLS® Number R1688898

Property Address: 1403 Ridley Road, Phelps, NY, 14532

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity on over 12 acres of expansive land, offering both immediate income and future growth potential. The property features eight established mobile home pads, with seven currently occupied, providing steady rental income from day one. Current lot rents are set at $400 per month per pad, while total monthly operating expenses are approximately $870, covering taxes, insurance, common electric, and garbage services—resulting in strong cash flow and attractive margins for investors. With significant additional acreage available, there is potential for expansion or further development, subject to municipal approvals. Buyers are encouraged to contact the Town of Phelps directly for guidance on park expansion and zoning considerations. This is a rare opportunity to acquire an income-producing property with upside potential in a growing market.
MLS® NumberR1688898
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1989
Basement
Driveway
Garage Spaces
HeatPropane
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2026List Date
$219,000List Price
  • Commute

Commute

Starting Address
Destination Address
1403 Ridley Road, Phelps, NY

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