- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$219,000
Monthly Est:$1,090
-- Bed
-- Bath
12.6acres lot
1403 Ridley Rd, Phelps, NY 14532
$219,000
$1,090/moEst:
Get Pre-Approved
Residential Lot
Built in 1989
$-- HOA
12.6 acres lot
$17,381/acre
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.
- Houzeo last checked: 12 hours ago
- Listing updated: June 24, 2026 at 5:52 pm
- Listing Provided by: Jonathan P. Welch (585) 727-1647 DRE #10311209863 | McMillan & Welch Real Estate A (585) 727-1647
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: R1688898
Property Details
Status
Pending
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
1989
HOA Fees
-
Finished Area
924 sqft
Lot Size
12.6 acres lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
R1688898
MLS Status
Pending
Days on Market
138
Cumulative Days on Market
14
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Propane
Sewer
Septic Tank
Exterior Features
Gravel Driveway
Construction
Year Built
Year Built: 1989
Home type
Residential Lot
Architectural Style
Other, See Remarks
Utilities & Energy
Water Source
Well
Utilities
Electricity Available
Other Features
Lot Features
Rectangular, Rectangular Lot, Rural Lot, Level
Price History
| Date | Event | Price |
|---|---|---|
06/24/2026 Source: | Off Market | $219,000 $237/sqft |
06/24/2026 Source: | Pending | $219,000 $237/sqft |
06/08/2026 Source: | Listed for Sale | $219,000 $237/sqft |
Find Homes by Property Features in Phelps, NY
Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Oct 23, 2026, 08:45PM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.
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