5206 Butler St

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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...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 near 6%, this is a viable addition to any portfolio with easy access in and around the city.

Property Details for 5206 Butler Street

Zoning
MUL
LISTING UPDATED: 05/31/2022 05:30 PM

Property Details for 5206 Butler Street

StatusSold
MLS #1532288
Days on Market111
Taxes$5,047 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Unit / House and Unit
Year Built9999
Lot Size0.05 AC / 2,360 SF
CountyAllegheny County

Location

Sold By BERKSHIRE HATHAWAY HOMESERVICES THE PREFERRED REAL

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Building Information for 5206 Butler Street

Stories-Residences3Year Built9999Building Size-Lot Size0.05 AC / 2,360 SF

Payment Calculator

$4,880 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,460

Property Taxes

$421

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5206 Butler Street

Summary
Location and General Information
  • City Name: Pittsburgh
  • Postal Code: 15201
  • County Or Parish: Allegheny-East
  • County M 360: Allegheny
  • State Or Province: Pennsylvania
  • Directions: From Rt 28: Highland Park Bridge, Right onto Butler St or 40th St Bridge, Left onto Butler St. Property is between 52nd & McCandless Ave.
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 0080-C-00074-0000-00
  • Taxes: $5,047
School Information
  • School District: Pittsburgh
Parking
  • Parking Description: On-Street Parking
Property
Lot Information
  • Acres: 0.0542
  • Lot Size: 0.0542
  • Type of Property: House and Unit
  • Area: Lawrenceville
  • Construction: Brick, Vinyl
Property and Assessments
  • Insurance: $1,535
  • Maintenance: $0
  • Year Built Numeric: 9999
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 24
Utilities
  • Utilities: $2,343
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: Int, UF
  • Insulation: Unknown
  • Insulation Type: ukn
Multi Family
Multi-Family Information
  • Num of Units: 3
  • Total Numof Units: 3
Income and Expenses
  • Gross Annual Income: $67,200
  • Gross Operating Income: $65,664
  • Net Operating Income: $51,789
  • Other Expenses: $0
Unit Information
Unit 1
  • Unit Full Baths 1: 2
  • UNIT Monthly Rent 1: 2000
  • Unit Num Bedrooms 1: 2
  • Unit Partial Baths 1: 0
Unit 2
  • Unit Full Baths 2: 2
  • UNIT Monthly Rent 2: 1400
  • Unit Num Bedrooms 2: 2
  • Unit Partial Baths 2: 0
Unit 3
  • Unit Full Baths 3: 0
  • UNIT Monthly Rent 3: 2200
  • Unit Num Bedrooms 3: 0
Rental
Rental Information
  • Tenant Occupied: Yes
  • Vacancy Dollars: $0
  • Vacancy Percentage: 0

Property History for 5206 Butler Street

DateEvent & SourcePriceAppreciation
May 20, 2022

Sold

WPMLS #1532288

$895,000—
May 20, 2022

Sold

WPMLS #1532281

$895,000—
May 18, 2022

Sold (Public Record)

Public Record #1492184153

$895,000—
DateEvent & SourcePrice
05/20/2022

Sold

WPMLS #1532288

$895,000
05/20/2022

Sold

WPMLS #1532281

$895,000
05/18/2022

Sold (Public Record)

Public Record #1492184153

$895,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5206 Butler Street

Taxable ValueLand$29,400Additions$435,600Total$465,000
Tax Record2026$12,253 ($1,021 / month)
Home Facts
Lot Size2,360 SqFtStyleStoresCountyALLEGHENYAPN80-C-74

Schools near 5206 Butler Street

This home is within Pittsburgh Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Pittsburgh Sunnyside K-8
PublicPK to 8

Pittsburgh Milliones 6-12
Public6 to 12

Pittsburgh Montessori PK-5
PublicPK to 5

Pittsburgh Obama 6-12
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 05/31/2022 05:30 PM