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12720 Main Road

Newstead, NY 14001

$489,900 $2,065/Mo

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Overview

Bed

Bath

3,253

Sqft

2.37

Acres(Lot)

Description

Investment opportunity with multiple income streams, exceptional flexibility, and room to grow. Situated on 2.37 acres along Route 5 (Main Road) in Akron, this unique property features three separate structures and offers an outstanding opportunity for investors, owner-occupants, or entrepreneurs looking to capitalize on a high-traffic corridor with excellent long-term potential. The main house is configured as a duplex with two income-producing units. The larger apartment offers 4 beds and 1 full bath, generous living space, and in-unit laundry, while the second apartment includes 1 bed and 1 full bath, making it ideal for a variety of tenant types. Behind the main home sits a separate 3-bed apartment with its own entrance and two attached garage spaces, providing additional privacy and s trong rental appeal. Together, the property currently consists of three residential units, all tenant occupied. Completing the property is a substantial barn/shop, offering tremendous flexibility for storage, equipment, hobby space, workshop use, or future business-related possibilities (subject to applicable approvals). Combined with the expansive lawn stretching behind the buildings, there's plenty of room for outdoor storage, recreation, or future enhancements. The open green space creates a setting that's uncommon for an income property and adds to its long-term value. Located on Route 5 in the Town of Newstead, the property enjoys outstanding accessibility and visibility. With continued commercial activity and development along the corridor, the location presents exciting future growth potential while remaining just minutes from the Village of Akron. Buffalo, the Buffalo Niagara International Airport, and the NYS Thruway are all within an easy drive, making this an attractive location for both tenants and investors seeking convenient regional access. All units are tenant occupied. Showings are restricted to designated days and times and require advance notice. Please do not enter the property without an agent and an appointment.

Property Details

Property Type : Residential

Price : $489,900

AD Id : 90967102

MLS Id : B1711750

Beds : 8

Lot Size : 2.37 Acres

Living Area Size : 3,253 Sq. Ft

Tax Amount : $10,699

Year Built : 1850

Garage : 3

County : Erie

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Has Basement: Yes Basement: Partial
Flooring Information

Carpet, Laminate, Tile, Varies, Vinyl
Roofing Information

Asphalt, Metal, Shingle
Interior Features

Ceiling Fan(s), Storage, Natural Woodwork, High Speed Internet Roof: Asphalt, Metal, Shingle Appliances: Gas Water Heater, Water Heater Laundry Features: Washer Hookup
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Radiant, Baseboard Has Cooling: Yes Cooling: Ceiling Fan(s)

Building Information

Year Built: 1850 Building Area Total: 3253 Construction Materials: Frame, Vinyl Siding Stories: 2 Patio And Porch Features: Covered, Porch, Enclosed Private Pool: No
Exterior Features

Exterior Features: Private Yard

Lot Information

Lot Dimensions: 212X489 Main Square Feet: 2.37 Acres Lot Size Acres: 2.37 Lot Size Square Feet: 103237 Lot Description: Rectangular Lot

Listing Price Information

Listing Price: $489900 Cash, Conventional

Tax Information

Parcel Number: 145689-061-000-0001-035-110 Tax Lot: 35 Annual Tax: $10699

Parking Information

Common, Paved

Garage Information

Has Garage: Yes Garage Space: 3

Utility Information

Cable Available, Water Connected
Location Information

Direction: From the intersection of Route 5 and Route 93, head west on Route 5. The property is on the right (north) side almost directly across from S Newstead Rd. WaterSource: Public

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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 10/06/2026 @ 07:00

MLS: B1711750 LISTED BY: Jason Beck, NextHome Prosper 716-473-1159 SOURCE: Western New York Real Estate Information Services (WNYREIS)

12720 Main Road

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