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Four-Unit Apartment Property
For Sale
$269,000

63 Winstead Road #57, Lackawanna, NY 14218

Four apartments offer private entrances, basement access, and dedicated off-street parking for each unit.

Property Size5,139 SF
Days on Market66

Property Features for 63 Winstead Road #57

General Information

Standard status Active
Size 5,139 SF
Property subtype Multi Family Home
Occupancy 75%

Units

Unit Mix 3 x 2BR, 1 x 3BR
Multifamily Units 4

Additional Details

Gross Income $29,400

Taxes and HOA fees

Annual Taxes $6,952

Building Details

Building Size 5,139 SF
Year Built 1943
Stories 2
Units 4
Tenancy Multi
Listing Agency: Signature Real Estate Services
Listed By: Alan Miller · License #10401326370
Source: Dealrealtyonline
Added: Jun 27 Changed: Aug 29 Last Checked: Aug 30 at 5:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Real Estate Services

Investment Insights

Based on property information with market context.

This four-unit apartment property includes three two-bedroom residences and one three-bedroom apartment. Each unit has a private entrance, basement access, and dedicated off-street parking. Three apartments are occupied by long-term tenants, while the three-bedroom residence is vacant and has undergone a full interior renovation. Improvements include white shaker cabinets, updated countertops, modern light fixtures, vinyl flooring, fresh paint, and refinished woodwork.

Property upgrades include a new basement sump pump and exterior drainage tile. The approximately 15-year-old roof and maintenance-free siding further define the building’s current physical profile. Built in 1943, the property is located at 63 Winstead Road #57 in Lackawanna, NY 14218.

Key Highlights

  • Four separate apartments with three two‑bedroom units and one three‑bedroom unit
  • Three apartments occupied by long‑term tenants
  • Renovated three‑bedroom apartment with new white shaker cabinetry and updated countertops

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Kitchen & Bath Showroom Gym & Fitness Center Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
75%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

Demographics for 14218, NY

20,878
Population
9,478
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
2,578
Density / Sq Mi
$50,484
Median Household Income
$36,457
Median Earnings
$829
Median Rent
$135,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four apartments offer private entrances, basement access, and dedicated off-street parking for each unit.
Where is this quadplex located?
The property is located at 63 Winstead Road #57 Lackawanna, NY.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Four separate apartments with three two‑bedroom units and one three‑bedroom unit; Three apartments occupied by long‑term tenants; Renovated three‑bedroom apartment with new white shaker cabinetry and updated countertops
More about this property
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