223 42nd St, Lawrenceville, PA 15201

Property Description

Stand alone brick home on the 42nd street is an amazing investment opportunity in the heart of Lawrenceville, just one block from Butler Street and within walking distance to everything this sought-after neighborhood has to offer. With a Walk Score that is among the highest in the city, you'll enjoy easy access to restaurants, coffee shops, boutiques, hospitals, universities, public transportation, and Downtown Pittsburgh. This solid all-brick property offers a flexible floor plan and is ready to generate income immediately. Currently configured as a three unit property(occupancy is for 2 units) , it also provides the potential to create a spacious owner-occupied residence by combining the upper floors. The first-floor unit features a one-bedroom layout with kitchen, full bath, access to outdoor space, forced-air heating, and separate utilities. The second floor includes a large bedroom, additional bedroom or office, living room, kitchen, and full bath and a balcony. The 3rd floor is configured as an efficiency-style apartment with a kitchen, living area, bedroom, full bath AND GREAT CITY VIEW. The second and third floors can be combined to create a spacious three-bedroom, two-bath unit. The first-floor tenant pays utilities, the second and third floors share gas bill and they paid electric separately. Radiator heat on the upper levels. Whether you're looking for an income-producing property, a house-hacking opportunity, or a future conversion to a larger residence, this property offers exceptional versatility. Opportunities to own in such a prime Lawrenceville location are rare. Walk to Butler Street, major hospitals, universities, shopping, dining, and entertainment while enjoying one of Pittsburgh's most vibrant and desirable neighborhoods. Location, flexibility, and income potential make this a truly outstanding opportunity.