9 days on rocket

5304-5310 Butler St, Lawrenceville, PA, 15201

$2,400,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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5304-5310 Butler St, Pittsburgh$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOff Street
Year Built1920
BasementYes
MLS #1650651
Lot Size0.14 Acres
StatusActive

About 5304-5310 Butler St

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
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Housing Market Comparison

See how this home compares to others in Pittsburgh, PA.

Med. Sold Price

$241.4K

Med. Price/SqFt

$166

Avg. Days On Market

50

# of Sold Homes

558

5304-5310 Butler St vs Pittsburgh

9 DAYS ON ROCKET

-41 Days

$2,400,000

+$2.1M More

KEY TAKEAWAY

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

IDX 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.

Copyright © 2024 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 8:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$12K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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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

school-card-donut-6390650
4
/10
  • Pittsburgh Woolslair

  • 501 40th St

  • 0.52 miles

  • Public District Grades EE-5

Middle School

school-card-donut-6390651
8
/10
  • Pittsburgh Arsenal

  • 220 40th St

  • 0.41 miles

  • Public District Grades 6-8

High School

school-card-donut-6390652
2
/10
  • Pittsburgh Milliones

  • 3117 Centre Ave

  • 1.00 miles

  • Public District Grades EE-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,500. Residents of Pittsburgh, PA typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically 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 4/10
Pittsburgh Arsenal: GreatSchools Rating 8/10
Pittsburgh Milliones: GreatSchools Rating 2/10

Which year was this property built?

The year of construction for 5304-5310 Butler St is 1920.

Rocket Homes›Pennsylvania›Allegheny County›Pittsburgh›15201›5304-5310 Butler St

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.

In April 2024, from all listings sold in Pittsburgh, PA there were more than 204 sold above asking price, over 257 sold below and more than 97 were sold right at the asked price. The inventory of homes for sale in Pittsburgh, PA between March 2024 and April 2024 increased by 10.8%. The median list price of listings available in April 2024 was $241,451, while the average time on the real estate market was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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