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LISTING HAS SOLD

5206 Butler St
Lawrenceville, PA 15201

4 beds  |  4 full 1 half baths
5206 Butler St Pittsburgh, PA 15201 5206 Butler St Lawrenceville, PA 15201Get Directions ❯
$925,000

Property Description

Upper Lawrenceville Positive Cash Flow Opportunity Awaits on Butler St! Located between 52nd & McCandless Ave, this mixed-use Commercial/Multi-family property has been renovated with all units currently leased. Providing immediate income to the new owner, the property features a Retail Storefront, Two-Story Unit above and Single-Family Unit in back on Dresden Ave. Retail space is in year 3 of 7 with built in rent escalations currently at $2200 per month. The 2 Bedroom/2 Bath walk-up unit above and the 2 Bedroom/2 Bath single-family home rent for $2000 & $1400 respectively. Tenants pay gas and electric, owner keeps water and sewage in his name and charges one month in arrears. Generating a cap rate near 6%, this is a viable addition to any portfolio with easy access in and around the city.

  • Township Lawrenceville
  • MLS ID 1532281
  • School Pittsburgh
  • Property type: Residential
  • Bedrooms 4
  • Bathrooms 4 Full / 1 Half
  • Status
  • Estimated Taxes $5,039

Additional Information

  • Rooms

    Bedrooms
  • Heating
    GAS

    Cooling
    CEN

    Utilities
    Sewer:  PUB
    Water:  PUB

    Parking
    ONST
    Spaces: 0

    Roofing
    ASPHALT

  • Amenities
    DW
    GS
    KI
    RF
    WD

    Approximate Lot Size
    0.0542 apprx Lot
    0.0542 apprx Acres
West Penn MLS  Listing Courtesy of: Coldwell Banker Realty
 

Last updated: 05/31/2022 5:29:10 PM

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