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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 1532286
- Property type: Commercial
- Status
- Estimated Taxes $5,047
Additional Information
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Business Info
GAI - $67,200
GAI - $67,200
NOI - $51,789
Zoning - MUL
Building Info
Office SqFt: 0
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Estimated Annual Taxes
$5,047
Approximate Lot Size
0.0542
Acres
0.0542
Status
Listing Courtesy of: Coldwell Banker Realty
Last updated:
