12720 Main Rd Akron, NY 14001
Newstead AreaEstimated payment $3,243/month
Highlights
- 2.37 Acre Lot
- 1 Fireplace
- Enclosed Patio or Porch
- Akron Middle School Rated A-
- Private Yard
- Woodwork
About This Home
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.
Listing Agent
Listing by NextHome Brixwood Brokerage Phone: 585-322-6784 License #10401397184 Listed on: 07/15/2026
Co-Listing Agent
Listing by NextHome Brixwood Brokerage Phone: 585-322-6784 License #10491210889
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,164
Year Built
- Built in 1850
Lot Details
- 2.37 Acre Lot
- Lot Dimensions are 212x489
- Rectangular Lot
- Private Yard
Parking
- 3 Car Garage
- Common or Shared Parking
Home Design
- Duplex
- Block Foundation
- Stone Foundation
- Slab Foundation
- Frame Construction
- Vinyl Siding
- Copper Plumbing
Interior Spaces
- 3,253 Sq Ft Home
- 2-Story Property
- Woodwork
- Ceiling Fan
- 1 Fireplace
- Sliding Doors
- Storage
- Washer Hookup
- Partial Basement
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Radiator
- Heating System Uses Gas
- Radiant Heating System
- Baseboard Heating
- Gas Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- 3 Units
- 4 Separate Gas Meters
Listing and Financial Details
- Tax Lot 35
- Assessor Parcel Number 145689-061-000-0001-035-110
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,702 | $464,900 | $66,700 | $398,200 |
| 2024 | $7,702 | $464,900 | $66,700 | $398,200 |
| 2023 | $7,753 | $464,900 | $66,700 | $398,200 |
| 2022 | $6,095 | $274,000 | $70,200 | $203,800 |
| 2021 | $6,477 | $274,000 | $70,200 | $203,800 |
| 2020 | $3,039 | $274,000 | $70,200 | $203,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2026 07/15/26 | For Sale | $489,900 | -- | $151 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $40,000 | Commercial |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1699033
APN: 145689 61.00-1-35.1
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Ask me questions while you tour the home.