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Upper Lawrenceville Positive Cash Flow Opportunity Awaits on Butler St! Located between 52nd & McCandless Ave, this mixed-useCommercial/Multi-family property has been renovated with all units currently leased. Providing immediate income to the newowner, the property features a Retail Storefront, Two-Story Unit above and Single-Family Unit in back on Dresden Ave. Retail spaceis 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 2Bedroom/2 Bath single-family home rent for $2000 & $1400 respectively. Tenants pay gas and electric, owner keeps water andsewage in his name and charges one month in arrears. Generating a cap rate near 6%, this is a viable addition to any portfoliowith easy access in and around the city.
| DAYS ON MARKET | 170 | LAST UPDATED | 5/31/2022 |
|---|---|---|---|
| COMMUNITY | Lawrenceville | COUNTY | Allegheny-East |
| STATUS | Sold | PROPERTY TYPE(S) | Single Family |
| School District | Pittsburgh |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Refrigerator, Some Gas Appliances, Stove, Washer |
| AREA | Lawrenceville |
| BASEMENT | Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| FIREPLACE | Yes |
| GARAGE | On Street |
| HEAT | Forced Air, Gas |
| INTERIOR | Kitchen Island |
| LOT | 2352 sq ft |
| LOT DIMENSIONS | 0.0542 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Colonial, Three Story |
| TAXES | 5039 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with COLDWELL BANKER REALTY
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