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5206 Butler St
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5206 Butler St
Lawrenceville, PA 15201

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 1532286
  • Property type: Commercial
  • Status Active
  • Estimated Taxes $5,047
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Additional Information

  • Business Info
    GAI - $67,200
    GAI - $67,200
    NOI - $51,789
    Zoning - MUL

    Building Info
    Office SqFt: 0

  • Estimated Annual Taxes
    $5,047

    Approximate Lot Size
    0.0542

    Acres
    0.0542

    Status
     Active

West Penn MLS  Listing Courtesy of: Coldwell Banker Realty
 

Last updated: 01/10/2022 5:18:05 AM

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