5304-5310 Butler Street

Pittsburgh, PA 15201

$2,400,000
Price
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Beds
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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...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.
  1. Listed by DUCK HOLLOW REALTY LLC

Property Details for 5304-5310 Butler Street

Parking Spaces
5
Zoning
Mixed

Location

Listing Courtesy of DUCK HOLLOW REALTY LLC
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LISTING UPDATED: 04/25/2024 02:17 PM

Property Details for 5304-5310 Butler Street

StatusActive
MLS #1650651
Days on Market10
Taxes$4,449 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMulti-Unit / Other
Year Built1920
Lot Size0.14 AC / 5,967 SF
CountyAllegheny County

Location

Listing Courtesy of DUCK HOLLOW REALTY LLC
Add your commute

Building Information for 5304-5310 Butler Street

Stories-Residences10Year Built1920Lot Size0.14 AC / 5,967 SF

Payment Calculator

$13,469 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,098

Property Taxes

$371

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5304-5310 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
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 0119-S-00130
  • Taxes: $4,449
School Information
  • School District: Pittsburgh
  • School Transportation: Yes
Parking
  • Parking Description: Off-Street Parking
Property
Lot Information
  • Acres: 0.137
  • Lot Size: 60 ft x 100 ft
  • Type of Property: Other
  • Area: Lawrenceville
  • Construction: Brick
Property and Assessments
  • Insurance: $2,500
  • Maintenance: $5,000
  • Year Built Numeric: 1920
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 50
Utilities
  • Utilities: $4,240
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Other
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: Unfin
  • Insulation: Unknown
Multi Family
Multi-Family Information
  • Num of Units: 10
  • Total Numof Units: 10
Income and Expenses
  • Gross Annual Income: $144,840
  • Gross Operating Income: $144,840
  • Net Operating Income: $128,651
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 800
  • Unit Num Bedrooms 1: 1
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 1100
  • Unit Num Bedrooms 2: 1
Unit 3
  • Unit Full Baths 3: 1
  • UNIT Monthly Rent 3: 1000
  • Unit Num Bedrooms 3: 1
Unit 4
  • Unit Full Baths 4: 1
  • UNIT Monthly Rent 4: 950
  • Unit Num Bedrooms 4: 1
Unit 5
  • Unit Full Baths 5: 1
  • UNIT Monthly Rent 5: 1040
  • Unit Num Bedrooms 5: 1
Unit 6
  • Unit Full Baths 6: 1
  • UNIT Monthly Rent 6: 1195
  • Unit Num Bedrooms 6: 1
Unit 7
  • Unit Full Baths 7: 1
  • UNIT Monthly Rent 7: 940
  • Unit Num Bedrooms 7: 1
Unit 8
  • Unit Full Baths 8: 1
  • UNIT Monthly Rent 8: 895
  • Unit Num Bedrooms 8: 1
Unit 9
  • UNIT Monthly Rent 9: 950
Unit 10
  • UNIT Monthly Rent 10: 3200
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 5304-5310 Butler Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 5304-5310 Butler Street

This home is within Pittsburgh School District.
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 K-8
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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5304-5310 Butler Street is for sale in Pittsburgh, PA 15201. This property was listed for sale on April 25, 2024 by DUCK HOLLOW REALTY LLC, it's currently listed at $2,400,000. It has been on the market for a total of 10 days and was last sold on November 3, 2004. This listing's school district is Pittsburgh School District. Nearby schools include Pittsburgh Sunnyside K-8, Pittsburgh Milliones 6-12 and Pittsburgh Montessori K-8. 5304-5310 Butler Street is a 0-bed, 0-bath, built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DUCK HOLLOW REALTY LLC

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 2024 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 04/25/2024 02:17 PM