4113 Butler StPittsburgh, PA 15201

Property Details for 4113 Butler St

Lot size

0.08 AC

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

49-B-162

APU

49B162

Description

This exceptional Lawrenceville investment opportunity presents a 3,700 square foot, two-story building ideally situated on Butler Street. The property boasts 1,350 square feet of ground floor retail space currently available for lease, presenting immediate income potential. Adding to its versatility, the upper level comprises a one-bedroom and a two-bedroom apartment, providing additional rental income streams. The building enjoys prominent 19-foot frontage on bustling Butler Street, placing it within the heart of Lawrenceville's vibrant commercial district, known for its diverse mix of restaurants, bars, shops, and cafes. This location offers unparalleled exposure and accessibility to a thriving customer base. The property's mixed-use nature offers a unique blend of retail and residential income, making it an attractive investment for both seasoned and emerging investors seeking a strong return on investment in a highly sought-after Pittsburgh neighborhood. The building's size and layout provide flexibility for a variety of retail uses, while the residential units offer a stable and consistent income stream. This is a rare opportunity to acquire a well-positioned property in one of Pittsburgh's most dynamic and desirable neighborhoods. The property is located in Allegheny County.

• CAP approach

  CAP return

  Valuation

  6%

  $822,387

  6.5%

  $759,126

  7%

  $704,903

• Comparable approach

  Method

  Valuation

  Relative Method

  $591,884

  Geo Method

  $591,884

• Alternative Use

  Use

  Valuation

  Residential

  $759,126

  Hospitality

  $695,355

  Educational

  $578,528

  Medical

  $598,424

  Retail

  $899,932

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.47

Longitude

-79.9612

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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