610 52nd St, Lawrenceville, PA 15201

Property Description

Stop looking for a diamond in the rough—this is a polished gem in the absolute heart of trendy Lawrenceville. Rarely does a fully occupied, cash-flowing four-plex hit the market with this level of stability and zero deferred maintenance. If you’ve been waiting for an investment where all the expensive, heavy lifting is already done, this is your moment! The current owners just poured over $50,000 into the exterior (2026) so you don't have to touch a thing for decades. 2026 upgrades include: Brand New Upgraded Siding: Heavy-duty .046" vinyl siding built to last. Total Trim Overhaul: Completely new soffit, fascia, gutters, and downspouts. Fresh Curb Appeal: New exterior doors, modern exterior lighting, mailboxes, and railings. Bonus: The roof was completely replaced in 2016, all windows have been upgraded, and the 608-side interior foundation wall was professionally parged in 2024 ($6k investment). The Numbers: $59,160 In Total Annual Rents Forget the headache of finding tenants. This building boasts an incredible track record of long-term tenancy (current residents have been here 2 to 5 years) and zero turnover in 2026. It practically rents itself. Unit Current Rent Lease Expiration Unit Condition 608 52nd – Floor 1 $1,245 / mo June 30, 2027 Solid "B" – Renovated in 2011, consistently strong performer. 608 52nd – Floor 2 $1,470 / mo June 30, 2027 Elite "A" – Fully gutted and beautifully renovated in 2017. Top tier. 610 52nd – Floor 1 $1,045 / mo April 30, 2028 Solid "C+" – The perfect, highly desirable budget-friendly unit. 610 52nd – Floor 2 $1,170 / mo April 30, 2027 Solid "B-" – Clean, reliable, and renovated in 2010. TOTAL ANNUAL INCOME: $59,160 Why This Portfolio Builder Wins: Lawrenceville is one of the most resilient, high-demand rental markets in Pittsburgh. With staggered, long-term leases running all the way into 2027 and 2028, your cash flow is locked in and protected from day one. Collect the checks, enjoy the appreciation, and sleep soundly knowing the capital expenditures are already paid for. 24-Hour notice required for all showings. All units fully rented. Do not miss out on one of Lawrenceville's easiest investment plays.