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4402 Butler St 5 Unit Apartment Building $1,549,000 ($309,800/Unit) 6.89% Cap Rate Pittsburgh, PA 15201
Executive Summary
Multifamily Investment Opportunity!! A wonderful chance to invest in a high quality newly redeveloped boutique building with historic charm on Butler Street in the heart of Lawrenceville!! A rare opportunity to purchase a meticulously restored and renovated property in the heart of Central Lawrenceville. This 5 unit property boasts stunning historical detail fused with all modern amenities.. Located at the intersection of Butler and 44th Streets, all that Lawrenceville has to offer is only steps away. The higher-end finishes paired with salvaged historic features create a bespoke experience that appeals to the most discerning of renter. Enjoy strong existing cash flow, Airbnb, or owner occupy. Hurry this won’t last long!
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,549,000 | Building Class | C |
| Price Per Unit | $309,800 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 3,100 SF |
| Cap Rate | 6.89% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1890/2025 |
| Property Subtype | Apartment | Parking Ratio | 0.97/1,000 SF |
| Zoning | LNC - Local Neighborhood Commercial | ||
| Price | $1,549,000 |
| Price Per Unit | $309,800 |
| Sale Type | Investment |
| Cap Rate | 6.89% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,100 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1890/2025 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | LNC - Local Neighborhood Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Fireplace
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (79)
Property Taxes
| Parcel Number | 0049-B-00219-0000-00 | Total Assessment | $228,600 |
| Land Assessment | $35,500 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $193,100 | Tax Year | 2025 |
Property Taxes
Parcel Number
0049-B-00219-0000-00
Land Assessment
$35,500
Improvements Assessment
$193,100
Total Assessment
$228,600
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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4402 Butler St
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