5304-5310 Butler Street, Lawrenceville, PA 15201

$2,400,000
List Price
$2,400,000
Status
ACTIVE
MLS#
WESTPENN-1650651
Acres
0.14
Lot Size
5,967
Region
Lawrenceville

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.

Additional Information

Taxes
$4,449
Lot Dimensions
60 ft x 100 ft
Basement
Unfinished
School District
Pittsburgh
Parking Spaces
5
Parking Description
Off Street

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of DUCK HOLLOW REALTY LLC.

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.