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63 Winstead Road #57

Lackawanna, NY 14218
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Bed 9

Bed

Bath 4

Bath

SqFt5,139

Sqft

Acres0.46

Acre(Lot)

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. Fre shly 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.

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Detail Ic Property Details

Property Type : Residential

Price : $269,000

AD Id : 86909065

MLS Id : B1694152

Beds : 9

Lot Size : 0.46 Acre

Living Area Size : 5,139

Year Built : 1943

County : Erie

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Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Has Basement: Yes Basement: Full, Sump Pump
  • Flooring Information

    Ceramic Tile, Hardwood, Laminate, Tile, Varies, Vinyl
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Storage, Natural Woodwork, High Speed Internet Roof: Asphalt, Shingle Appliances: Gas Water Heater, Water Heater Window Features: Insulated Windows, Drapes, Window Treatments
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air

  • Building Information

    Year Built: 1943 Building Area Total: 5139 Construction Materials: Block, Frame, Concrete, Vinyl Siding Stories: 2 Patio And Porch Features: Covered, Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 133X150 Main Square Feet: 0.4594 Acres Lot Size Acres: 0.4594 Lot Size Square Feet: 20012 Lot Description: Near Public Transit, Rectangular Lot

  • Listing Price Information

    Listing Price: $269000 Cash, Conventional

  • Tax Information

    Parcel Number: 140900-142-120-0001-002-000 Tax Lot: 2 Annual Tax: $6952

  • Parking Information

    Concrete

  • Utility Information

    Cable Available, Sewer Connected, Water Connected
  • Location Information

    Direction: Ridge Road to Community Drive to Winstead Road WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
248 Millhurst Road #242, Lackawanna, NY, 14218 $275,000 9 4 5,211 5,211 SqFt
47 Maple Street, Lackawanna, NY, 14218 $199,000 6 2 1,932 1,932 SqFt
210 Kirby Avenue, Lackawanna, NY, 14218 $259,900 7 3 2,496 2,496 SqFt
21 Victory Avenue, Lackawanna, NY, 14218 $239,900 6 3 1,822 1,822 SqFt
1697 Electric Avenue, Lackawanna, NY, 14218 $369,900 5 -- 3,994 3,994 SqFt
1330 Electric Avenue, Lackawanna, NY, 14218 $260,000 7 3 3,360 3,360 SqFt
31 Elkhart Street, Lackawanna, NY, 14218 $239,999 5 3 1,909 1,909 SqFt
85 Kirby Avenue, Lackawanna, NY, 14218 $249,000 8 4 2,640 2,640 SqFt
75 Wood Street, Lackawanna, NY, 14218 $149,900 6 2 1,878 1,878 SqFt
90 Warsaw Street, Lackawanna, NY, 14218 $350,000 6 -- 4,290 4,290 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 06/28/2026 @ 04:27

MLS: B1694152 LISTED BY: Alan Miller, WNY Metro Roberts Realty 716-875-2211 SOURCE: Western New York Real Estate Information Services (WNYREIS)

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