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1403 Ridley Road, 
Phelps, NY 14532

$219,000


Bed


Bath


-

Sq Ft


12.60

Acres (Lot)


Land

Pending

Listed by

Jonathan P. Welch

Mcmillan & Welch Real Estate A

585-727-1647

Last updated:

July 11, 2026, 09:51 AM

MLS#

R1688898

Source:

NY GENRIS

About This Land

1403 Ridley Road

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

12.60

MLS #:

R1688898

Last Updated:

July 11, 2026, 09:51 AM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

924 Sq. Ft.


Structure

Structure

Building Area:

924 Sq. Ft.

Year Built:

1989


Finances & Disclosures

Finances

Price:

$219,000

Price per Sq. Ft:

$237 per Sq. Ft.

Source:NY GENRIS
The information being provided by New York State Alliance Of Mlss is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 New York State Alliance Of Mlss All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.