5304-5310 Butler Street Active

Pittsburgh,PA 15201

$ 2400000

- Bed

0 Bath

- SqFt


Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1650651

Year Built 1920

Annual Tax Amount $4,449

Lot Size 5,967 Sqft

Property Description

10 unit mixed-used building located on Butler Street in Lawrenceville paired with 4 vacant lots in the rear along Dresden Way. The building consists of 8 residential units located on second / third floors plus 2 store fronts along Butler Street below the apartments. Each residential unit is approx. 750 sq ft with one bed / one bath. The storefronts consist of a bakery at 5304 Butler and coffee shop at 5306-5310. The coffee shop currently subleases to a separate business at 5310 Butler. Prospective owners could make upgrades and lease these three spaces separately to increase to 3 commercial units and 11 total. Tenants cover all gas and electricity expenses. Landlord covers water/sewage bills. Laundry facilities are on site for tenants. Landlord incurs no expense for trash/landscaping/snow and ice removal. 4 vacant lots along Dresden Way provide an excellent opportunity to be developed or subdivided and sold or to be used as parking. Current rents are well below market rates.

Location

State PA

County Allegheny-east

Area Lawrenceville

Zoning Mixed

Exterior

Garage Off Street

Community Features Public Transportation

Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available

Roof Type Other

Building

Structure Type Brick

Schools

Elementary Schools Pittsburgh

Middle Schools Pittsburgh

High Schools Pittsburgh

School District Pittsburgh, Pittsburgh, Pittsburgh

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