Ad #7984797
MLS #B1694152
Welcome to 63 Winstead Road - an exceptional investment
63 Winstead Rd 57, Lackawanna, NY 14218
$269,000
9Beds
4Baths
5,139Sqft
0.46Acres
About this property
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.
Property Features
9 Beds
4 Baths
5,139 Sqft
Built in 1943
0.46 Acres
2 Stories
Siding: Block, Frame, Concrete, VinylSiding, CopperPlumbing, PexPlumbing
Shingle, Asphalt Roof
Forced Air, Natural Gas
$6,952 / yr property tax
Erie County
Additional Photos
Contact Information
Alan Miller
WNY METRO ROBERTS REALTY
716-880-6723
Location
Listing Agent: Alan Miller (License #: 10401326370) 716-880-6723
Broker: WNY METRO ROBERTS REALTY 716-891-1710 Listing Site
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.
Broker: WNY METRO ROBERTS REALTY 716-891-1710 Listing Site
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.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$269,000
9
Beds
4
Baths
5,139
Sqft
63 Winstead Rd 57, Lackawanna, NY 14218
By contacting this agent you agree to these Terms and Conditions.
MLS# B1694152
Welcome to 63 Winstead Road - an exceptional investment
$269,000
63 Winstead Rd 57, Lackawanna, NY 14218
9
Beds
4
Baths
5,139
Sqft
0.46
Acres
$269,000
63 Winstead Rd 57, Lackawanna, NY 14218
9 Beds
4 Baths
5,139 Sqft
0.46 Acres
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.
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Property Details
HOME DETAILS
9 Beds
4 Baths
5,139 Sqft
Built in 1943
0.46 Acres
2 Stories
EXTERIOR
Siding: Block, Frame, Concrete, VinylSiding, CopperPlumbing, PexPlumbing
Shingle, Asphalt Roof
INTERIOR
Forced Air, Natural Gas
FINANCIAL & COMMUNITY
$6,952 / yr property tax
Erie County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7984797
Viewed
42 times
Listing Status
Active
Added
Jun 27, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
New York State Alliance of MLSs, LLC
Source Property ID
B1694152
Listing Agent: Alan Miller (License #: 10401326370) 716-880-6723
Broker: WNY METRO ROBERTS REALTY 716-891-1710 Listing Site
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.
Broker: WNY METRO ROBERTS REALTY 716-891-1710 Listing Site
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.
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