1856 Poplar Ridge Rd
People travel from all over to experience the many perks that will all be outside the door!!
Marketing description
Income-producing 4-unit multi-family property in the Finger Lakes, ideally located near Aurora and Cayuga Lake—an area known for strong rental demand, tourism, and short-term rental potential. This property offers multiple revenue strategies, including long-term rentals, owner-occupant offset, or conversion to Airbnb/short-term rental use.
The building features four units, including three established rental units and a larger owner’s unit, providing immediate income with additional upside. Current unit mix supports a range of tenant types, from single occupants to larger household configurations. Opportunity exists to increase rents, optimize unit usage, or reposition the property for higher-yield short-term rental income.
Set on a 1.5-acre lot with ample off-street parking, the property accommodates tenant needs as well as recreational vehicles or boats—an added value in this lake-region market. Property improvements include updated windows (2021), new roofs on both the main house (2025) and garage (2024), upgraded 200-amp electric service, and a new well pump (2024), helping reduce near-term capital expenditure.
Located within walking distance to Southern Cayuga Middle/High School and just minutes to Aurora, Cayuga Lake, wineries, and regional attractions, this property benefits from both local rental demand and seasonal visitor traffic. Easy access to Ithaca expands the tenant pool further.
A strong opportunity for investors seeking cash flow, appreciation potential, and multiple exit strategies in a high-demand Finger Lakes market.
Investment highlights
Income-producing 4-unit multi-family property in the Finger Lakes, ideally located near Aurora and Cayuga Lake—an area known for strong rental demand, tourism, and short-term rental potential. This property offers multiple revenue strategies, including long-term rentals, owner-occupant offset, or conversion to Airbnb/short-term rental use.
The building features four units, including three established rental units and a larger owner’s unit, providing immediate income with additional upside. Current unit mix supports a range of tenant types, from single occupants to larger household configurations. Opportunity exists to increase rents, optimize unit usage, or reposition the property for higher-yield short-term rental income.
Set on a 1.5-acre lot with ample off-street parking, the property accommodates tenant needs as well as recreational vehicles or boats—an added value in this lake-region market. Property improvements include updated windows (2021), new roofs on both the main house (2025) and garage (2024), upgraded 200-amp electric service, and a new well pump (2024), helping reduce near-term capital expenditure.
Located within walking distance to Southern Cayuga Middle/High School and just minutes to Aurora, Cayuga Lake, wineries, and regional attractions, this property benefits from both local rental demand and seasonal visitor traffic. Easy access to Ithaca expands the tenant pool further.
A strong opportunity for investors seeking cash flow, appreciation potential, and multiple exit strategies in a high-demand Finger Lakes market.
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