12720 Main Road, Newstead, NY

$489,900

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8

Beds

3

Baths

3,253

Square feet

2.37

Acres

About 12720 Main Road

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 strong 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.

Features of 12720 Main Road

MLS® # B1711750
Price $489,900
Bedrooms 8
Bathrooms 3.00
Full Baths 3
Square Footage 3,253
Square Footage 103237
Acres 2.37
Year Built 1850
Type Residential
Sub-Type Duplex
Style Duplex, Triplex
Status Active

Community Information

Address 12720 Main Road
Area Newstead
City Newstead
County Erie
State NY
Zip Code 14001

Amenities

Utilities Cable Available, High Speed Internet Available, Water Connected, Gardener, Snow Removal, Trash Collection, Water
Features Rectangular, Rectangular Lot
Parking Common, Paved, Two or More Spaces
# of Garages 3
Garages Common, Paved, Two or More Spaces
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Laminate, Luxury Vinyl, Tile, Varies
Interior Features Ceiling Fan(s), Sliding Glass Door(s), Storage, Natural Woodwork
Appliances Gas Water Heater
Heating Gas, Baseboard, Radiator(s), Radiant
Fireplace No
# of Stories 2
Stories 2
Has Basement Yes
Basement Partial

Exterior

Exterior Frame, Vinyl Siding, Copper Plumbing
Exterior Features Enclosed Porch, Porch, Private Yard, See Remarks
Lot Description Rectangular, Rectangular Lot
Roof Asphalt, Metal, Shingle
Construction Frame, Vinyl Siding, Copper Plumbing
Foundation Block, Stone, Slab

School Information

District Akron

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeNextHome Prosper

Listing Map

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