3800 Butler St, Lawrenceville, PA 15201

$1,499,000

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List Price
$1,499,000
Status
ACTIVE
MLS#
WESTPENN-1773441
Acres
0.05
Lot Size
1,995
Region
Lawrenceville

Property Description

Fully renovated and fully furnished, this 6-unit building (all 1BR/1BA) is an exceptional, hands-off income property situated in Pittsburgh’s most vibrant neighborhood. Currently operating as a highly successful short-term rental with professional property management in place, the property caters perfectly to tourists, tech professionals, and traveling medical staff visiting nearby UPMC Children's Hospital. Each unit is individually metered for gas, electric, and water, and comes equipped with its own dedicated HVAC and hot water tank—making a transition to long-term rentals incredibly easy and low-cost for the landlord. More than 50% of the systems have been replaced in the past 3 years. All six units have been beautifully updated with modern kitchens, updated bathrooms, and luxury vinyl plank flooring throughout. Being sold fully furnished and outfitted for immediate STR use. The lower level features common laundry facilities and additional storage. The property also includes one highly coveted off-street parking space. Two of the units feature dedicated, direct street-level entrances (offering incredible potential for commercial/retail conversion under the LNC zoning), while also retaining access via the central main stairwell. Whether you are looking for a high-performing, turnkey addition to your portfolio or an owner-occupied house-hack in an unbeatable walkable location, this property is ready for you.

Additional Information

Taxes
$12,516
Lot Dimensions
0.0458
Basement
Unfinished
School District
Pittsburgh
Parking Spaces
1
Parking Description
Off Street

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Calculator source: Real Geeks

Listing courtesy of RE/MAX SELECT REALTY.

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.