Active

5304-5310 Butler Street

Lawrenceville PA, 15201

$2,400,000


Active

Other

Built in 1920

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lauren Klein shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.   Courtesy of  DUCK HOLLOW REALTY LLC

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.

1650651

MLS ID

April 25, 2024

Listed

May 9, 2024

Updated

Map

5304-5310 Butler Street
Lawrenceville PA, 15201

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Roof

Other

School Information

School District

Pittsburgh

Other Property Details

Area Name

Lawrenceville


Taxes

$4,449


Tax Frequency

Annually


Garage

No


Parking

Off Street


Parking Total

5


View

No


County

Allegheny-East


Pool

No


Zoning

Mixed


Buyer Agency Compensation

2%

 

Courtesy of DUCK HOLLOW REALTY LLC

listing contact: 412-930-0821

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), Lauren Klein, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 2:03 PM UTC, 5/9/2024

West Penn Multi-List, Inc.

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