UPDATED:
Key Details
Property Type Vacant Land
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 924 sqft
Price per Sqft $237
MLS Listing ID R1688898
Style Other,See Remarks
HOA Y/N No
Year Built 1989
Annual Tax Amount $4,472
Lot Size 12.600 Acres
Acres 12.6
Lot Dimensions 736X735
Property Sub-Type Multi Family
Property Description
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.
Location
State NY
County Ontario
Area Phelps-324089
Direction From Cress road heading East take left onto Ridley rd. Property is approx. 500 feet on right
Interior
Heating Propane
Fireplace No
Exterior
Exterior Feature Gravel Driveway
Utilities Available Electricity Available
View Y/N Yes
View Scenic
Topography Level,Rolling
Building
Lot Description Rectangular, Rectangular Lot, Rural Lot, Level
Sewer Septic Tank
Water Well
Architectural Style Other, See Remarks
Additional Building Mobile Home
Schools
School District Phelps-Clifton Springs (Midlakes)
Others
Tax ID 324089-036-000-0002-023-000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Nearby School & Business
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Jacqueline Davis
Licensed Real Estate Salesperson | License ID: 10401329623
Licensed Real Estate Salesperson License ID: 10401329623