Address
5206 Butler St Lawrenceville, PA
Price
$ 925,000
Property Attributes
  • MLS#1532286
  • TypeCommercial
  • CountyALLEGHENY-EAST
  • CityLawrenceville
  • AreaLawrenceville
  • Zip15201
  • StyleRetail
  • Taxes$ 5047
  • Price$ 925,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,361 SqFt
Listing Provided Courtesy Of:
COLDWELL BANKER REALTY
Data Source:
West Penn MLS (WPMLS)
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.

Price History
12/4/2021 Listed $925,000

General Features

Construction Materials Brick, Vinyl Siding
Listing Agent State License RS328904
MLS Area Lawrenceville
Mlsareaminor Lawrenceville
Property Sub Type Additional Retail, Apartment
Property SubType Retail
Property Type Commercial Sale
Status Active
Utilities Electricity Available, Natural Gas Available, Sewer Available, Water Available
Zoning MUL
Zoning Description MUL

Exterior Features

Lot Dimensions 0.0542
Lot Size Acres 0.0542
Lot Size Area 0.05
Lot Size Units Acres
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 15201

Price
AVG $960K
$930K
Taxes
AVG $4,143
$5,047
Visits
AVG 36
2
Walkscore
AVG 80
80
Data Provided by Walkscore ® not using MLS data

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