1403 Ridley Rd Phelps, NY 14532
Phelps AreaEstimated payment $1,582/month
Highlights
- 12.6 Acre Lot
- Rectangular Lot
- Heating System Uses Propane
- Views
About This Lot
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.
Listing Agent
Listing by McMillan & Welch Real Estate A License #10311209863 Listed on: 06/08/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,472
Year Built
- Built in 1989
Lot Details
- 12.6 Acre Lot
- Lot Dimensions are 736x735
- Property fronts a county road
- Rural Setting
- Rectangular Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- 924 Sq Ft Home
Utilities
- Well
- Septic Tank
Additional Features
- Property Views
Listing and Financial Details
- Assessor Parcel Number 324089-036-000-0002-023-000
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2026 06/24/26 | Pending | -- | -- | -- |
| 06/08/2026 06/08/26 | For Sale | $219,000 | -- | $237 / Sq Ft |
Source: Upstate New York Real Estate Information Services (UNYREIS)
MLS Number: R1688898
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