5206 Butler St
Lawrenceville, PA 15201
5206 Butler St Pittsburgh, PA 15201
5206 Butler St
Lawrenceville, PA 15201
$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
Last updated: 05/31/2022 5:29:10 PM