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.
Property Details
Property Features
Property Information:
Year Built: 1920
Listing Office:
Office Name: Duck Hollow Realty Llc
Office Phone: (412) 930-0821
Listing Agent: Aaron Bubenheim
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: Off Street
Lot Features
Lot Information:
Lot Size: 0.14 Acres
School Info
Assigned Schools Information:
Pittsburgh Milliones, Public District Grades EE-12
Pittsburgh Arsenal, Public District Grades 6-8
Pittsburgh Woolslair, Public District Grades EE-5
Price Information
Listing Price Info
Price Summary:
List Price: $2,400,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Pittsburgh, PA.
This property is $2.1M more than the Median Sold Price in Pittsburgh, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: WESTPENN
MLS Number: #1650651
Listing Office:
Office Name: Duck Hollow Realty Llc
Office Phone: (412) 930-0821
Listing Agent: Aaron Bubenheim
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$12K
Per Month
Principal & Interest
$11.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,262
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Pittsburgh Woolslair
501 40th St
Distance between this listing and this school0.52 miles
Public District Grades EE-5
Middle School
7
/10
Pittsburgh Arsenal
220 40th St
Distance between this listing and this school0.41 miles
Public District Grades 6-8
High School
2
/10
Pittsburgh Milliones
3117 Centre Ave
Distance between this listing and this school1.00 miles
Public District Grades EE-12
Assigned Schools
5
/10
Pittsburgh Woolslair
501 40th St
Distance between this listing and this school0.52 miles
Public District Grades EE-5
Nearby Schools
5
/10
Pittsburgh Arsenal
215 39th St
Distance between this listing and this school0.41 miles
Public District Grades EE-5
10
/10
Reserve Primary School
2107 Lonsdale St
Distance between this listing and this school1.16 miles
Public District Grades KG-3
Assigned Schools
7
/10
Pittsburgh Arsenal
220 40th St
Distance between this listing and this school0.41 miles
Public District Grades 6-8
Nearby Schools
6
/10
Pittsburgh Schiller
1018 Peralta St
Distance between this listing and this school1.45 miles
Public District Grades 6-8
6
/10
Pittsburgh Montessori K-8
201 S Graham St
Distance between this listing and this school1.64 miles
Public District Grades PK-8
Assigned Schools
2
/10
Pittsburgh Milliones
3117 Centre Ave
Distance between this listing and this school1.00 miles
Public District Grades EE-12
Nearby Schools
5
/10
Pittsburgh Online Academy
341 S Bellefield Ave
Distance between this listing and this school1.51 miles
Public District Grades 4-12
8
/10
Pittsburgh Capa 6-12
111 9th St
Distance between this listing and this school2.07 miles
The neighbors living near this home have an average income of $27,500. Most Pittsburgh, PA residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5304-5310 Butler St
What is the listing price of this property?
The listing price of 5304-5310 Butler St property is $2,400,000.
What type of property is this?
The property 5304-5310 Butler St is a house located in Lawrenceville, Pennsylvania, 15201.
Is this property for sale now?
Active Listing: 5304-5310 Butler St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5304-5310 Butler St are: Pittsburgh Woolslair: GreatSchools Rating 5/10Pittsburgh Arsenal: GreatSchools Rating 7/10Pittsburgh Milliones: GreatSchools Rating 2/10
Which year was this property built?
The year of construction for 5304-5310 Butler St is 1920.
This home is located at 5304-5310 Butler St in Lawrenceville, PA and zip code 15201 in the Lower Lawrenceville neighborhood. This home, which was built in 1920, sits on a 0.14 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $2,400,000.
Over 246 listings were sold over their listed price in May 2024 in Pittsburgh, PA. In the same period over 279 listings were sold below the listed price and 93 listings were sold for the listed price. In May 2024 in Pittsburgh, PA there were 9.6% more homes for sale than in April 2024. While the average time on the market in May 2024 was 39 days, the median list price was $241,528.
From Rocket Homes Real Estate and based on county public records data.