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5206 Butler St
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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 around 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 Active
  • Estimated Taxes $5,039
Check out our Lawrenceville community video ❭❭

Additional Information

  • Rooms

    Bedrooms
  • Heating
    Gas

    Cooling
    Central Air

    Utilities
    Sewer:  Public
    Water:  Public

    Parking
    On-Street Parking
    Spaces: 0

    Roofing
    Asphalt

  • Amenities
    Refrigerator
    Gas Stove
    Dish Washer
    Kitchen Island
    Washer/Dryer

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

Last updated: 12/30/2021 9:36:56 PM

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