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Four-Unit Residential Income Property

63 Winstead Road Lackawanna, NY 14218

63 Winstead Road, Lackawanna, NY, 14218
$269,000
For Sale
$269,000

MULTI_FAMILY - Other - Lackawanna, NY

Property Size5,139 SF
Lot Size0.46 Acres
Price / SF$52.34
Days on Market21

Property Features for 63 Winstead Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
4
Rooms
Bathroom 4, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 1, Bathroom 2, Basement, Bedroom 8, Bedroom 9, Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 7
Window features
Drapes
Patio and Porch features
Porch
Interior features
Storage, NaturalWoodwork, WindowTreatments
Appliances
GasWaterHeater
Standard status
Active
APN
140900-142-120-0001-002-000
Size
5,139 SF
Lot size
0.46 Acres

Taxes and HOA fees

Tax Annual Amount
6952

Utilities

Heating system
Forced Air, Natural Gas
Water source
Public

Building Details

Year built
1943
Floors in Building
2
Number of units
4
Flooring type
Hardwood, Laminate, Varies, Vinyl, Tile
Building materials
Block, Frame, Concrete, VinylSiding, CopperPlumbing, PexPlumbing
Roof type
Shingle, Asphalt
Architectural style
Other
Additional Structures
Storage
Listing Agency WNY Metro Roberts Realty
2211 Sheridan Drive, cheektowaga, NY
Listed by Alan Miller · License #10401326370
Added: Jun 27 Checked: Jul 17 at 9:06 am
MLS# B1694152 Listing URL

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

63 Winstead Road is a four-unit residential income property configured as separate apartments within one building. Each unit features its own private entrance, basement access, and dedicated off-street parking spaces. The mix of layouts includes three two-bedroom apartments and one three-bedroom apartment.

The three-bedroom unit is currently vacant and has been fully remodeled with new white shaker cabinetry, updated countertops, modern lighting fixtures, and vinyl flooring. Additional interior updates include freshly painted walls and refinished woodwork. Outside, the property includes a newly installed sump pump and new exterior drainage tile to support basement functionality and long-term durability, along with maintenance-free siding. The roof is approximately 15 years old and reflects ongoing maintenance.

As a For Sale offering in Lackawanna, this property can work for an investor seeking a four-unit portfolio or for an owner-occupant who prefers living in one unit while renting the others. With three apartments currently occupied by long-term tenants who want to remain, the asset provides an established rental situation while the renovated three-bedroom unit is ready for a future tenant.

Key Highlights

  • Four separate apartments with private entrances, basement access, and dedicated off‑street parking
  • Unit mix: three 2‑bedroom apartments and one spacious 3‑bedroom apartment
  • Currently generates $2,450/month in rental income; estimated potential to exceed $3,600/month once the remodeled 3‑bedroom is leased

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic Kitchen & Bath Showroom Gym & Fitness Center Spa & Massage Center Restaurant Big Box & Wholesale Store Daycare Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four apartments with private entrances and off-street parking offer rental income potential for investors or owner-occupants.
Where is this quadplex located?
The property is located at 63 Winstead Road 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 private entrances, basement access, and dedicated off‑street parking; Unit mix: three 2‑bedroom apartments and one spacious 3‑bedroom apartment; Currently generates $2,450/month in rental income; estimated potential to exceed $3,600/month once the remodeled 3‑bedroom is leased
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