63 Winstead Road #57, Lackawanna, NY 14218
Local realty services provided by:Team VP Real Estate
63 Winstead Road #57,Lackawanna, NY 14218
$269,000
- 9 Beds
- 4 Baths
- 5,139 sq. ft.
- Multi-family
- Active
Listed by: alan miller
Office: wny metro roberts realty
MLS#:B1694152
Source:NY_GENRIS
Price summary
- Price:$269,000
- Price per sq. ft.:$52.34
About this home
Welcome to 63 Winstead Road – an exceptional investment opportunity or the perfect residence for those seeking rental income to offset mortgage costs. This unique property comprises four separate apartments, each featuring its own private entrance, basement access, and dedicated off-street parking spaces.
The configuration includes three two-bedroom units alongside one spacious three-bedroom apartment. Currently, three of the apartments are occupied by long-term tenants who have expressed a strong desire to remain, ensuring steady and reliable rental income. The vacant three-bedroom unit has been thoughtfully and fully remodeled to contemporary standards, showcasing new white shaker cabinetry, updated countertops, modern lighting fixtures, and high-quality vinyl flooring throughout. Freshly painted walls and refinished woodwork further enhance the inviting ambiance.
Significant improvements include a newly installed sump pump in the basement and new exterior drainage tile, which collectively contribute to the property's functionality and long-term durability. The roof, approximately 15 years old, reflects consistent maintenance, while the exterior is clad in maintenance-free siding, minimizing upkeep requirements.
Currently, the property generates $2,450 per month in rental income. Once the newly renovated three-bedroom apartment is leased, monthly revenue has the potential to exceed $3,600, offering attractive cash flow for investors. Whether you choose to occupy the renovated apartment personally and benefit from rental income from the remaining units, or rent out all four apartments, this property presents an advantageous opportunity for both homeowners and investors.
Do not miss this chance to acquire a versatile, income-producing asset at 63 Winstead Road. Schedule a private viewing to learn more about this promising investment opportunity....
Contact an agent
Home facts
- Year built:1943
- Listing ID #:B1694152
- Added:1 day(s) ago
- Updated:June 28, 2026 at 09:57 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Ceramic Tile, Hardwood, Laminate, Tile, Varies, Vinyl
- Basement:Yes
- Basement Description:Full, Sump Pump
- Living area:5,139 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1943
- Building area:5,139 sq. ft.
- Lot area:0.46 Acres
- Lot Features:Near Public Transit, Rectangular, Residential Lot
- Architectural Style:Fourplex
- Construction Materials:Block, Concrete, Copper Plumbing, Frame, Vinyl Siding
- Exterior Features:Open, Porch
- Foundation Description:Block
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$269,000
- Price per sq. ft.:$52.34
- Tax amount:$6,952
Features and amenities
- Amenities:Drapes, Storage
Parking
- Parking description:Concrete Driveway, Parking Available
New listings near 63 Winstead Road #57
- New
$219,900Active4 beds 2 baths1,784 sq. ft.86 Modern Avenue, Lackawanna, NY 14218
MLS# B1694153Listed by: HOWARD HANNA WNY INC. - New
$260,000Active7 beds 3 baths3,360 sq. ft.1330 Electric Avenue, Buffalo, NY 14218
MLS# B1691394Listed by: EXP REALTY - New
Listed by ERA$289,900Active3 beds 2 baths2,227 sq. ft.11 S Shore Boulevard, Buffalo, NY 14218
MLS# B1694057Listed by: HUNT REAL ESTATE CORPORATION - New
$199,000Active6 beds 2 baths1,932 sq. ft.47 Maple Street, Buffalo, NY 14218
MLS# B1693829Listed by: MJ PETERSON REAL ESTATE INC. - New
$189,900Active3 beds 2 baths1,136 sq. ft.105 Elm Street, Lackawanna, NY 14218
MLS# B1693572Listed by: WNY METRO ROBERTS REALTY - New
$249,000Active8 beds 4 baths2,640 sq. ft.85 Kirby Avenue, Lackawanna, NY 14218
MLS# B1693346Listed by: WNY METRO ROBERTS REALTY - New
$259,900Active3 beds 1 baths1,385 sq. ft.53 S Shore Boulevard, Buffalo, NY 14218
MLS# B1693286Listed by: WNY METRO ROBERTS REALTY - New
Listed by ERA$219,900Active4 beds 2 baths1,503 sq. ft.106 Palm Street, Buffalo, NY 14218
MLS# B1693340Listed by: ERA TEAM VP REAL ESTATE - ARCADE - New
$175,000Active0.31 Acres1311 Abbott Road, Buffalo, NY 14218
MLS# B1693422Listed by: REALTY ONE GROUP EMPOWER