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. There is not a real estate sign on the property.
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. There is not a real estate sign on the property.
Property Details
Price:
$489,900
MLS #:
B1699033
Status:
Active
Beds:
8
Baths:
3
Type:
Single Family
Subtype:
Duplex
Neighborhood:
newstead145689
Listed Date:
Jul 15, 2026
Finished Sq Ft:
3,253
Total Sq Ft:
3,253
Lot Size:
103,237 sqft / 2.37 acres (approx)
Year Built:
1850
See this Listing
Schools
School District:
Akron
Interior
Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms
Fireplaces Total
1
Flooring
Carpet, Laminate, Luxury Vinyl, Tile, Varies
Heating
Gas, Baseboard, Radiators, Radiant
Interior Features
Ceiling Fans, Sliding Glass Doors, Storage, Natural Woodwork
Laundry Features
Washer Hookup
Levels
Two
Exterior
Architectural Style
Duplex, Triplex
Construction Materials
Frame, Vinyl Siding, Copper Plumbing
Exterior Features
Enclosed Porch, Porch, Private Yard, See Remarks
Garage Spaces
3
Lot Features
Rectangular, Rectangular Lot
Parking Features
Common, Paved, Two Or More Spaces
Patio And Porch Features
Covered, Porch
Roof
Asphalt, Metal, Shingle
Stories
2
Financial
Taxes
$7,164
Map
Community
- Address12720 Main Road Newstead NY
- CityNewstead
- CountyErie
- Zip Code14001
Subdivisions in Newstead
Market Summary
Current real estate data for Single Family in Newstead as of Jul 17, 2026
39
Single Family Listed
56
Avg DOM
173
Avg $ / SqFt
$359,479
Avg List Price
Property Summary
- 12720 Main Road Newstead NY is a Single Family for sale in Newstead, NY, 14001. It is listed for $489,900 and features 8 beds, 3 baths, and has approximately 3,253 square feet of living space, and was originally constructed in 1850. The current price per square foot is $151. The average price per square foot for Single Family listings in Newstead is $173. The average listing price for Single Family in Newstead is $359,479.
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Courtesy of NextHome Brixwood. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 12720 Main Road
Newstead, NY

