Rare Offering - The Buvinger Building - Wonderful chance to invest in a stabilized, fully renovated, high-quality boutique building with historic charm on Butler Street in the heart of Lawrenceville! This 5 unit property boasts first floor restaurant space with a recently renewed lease and 5+ years of operating history. Enter through the private residential entrance to access the 4 fully rented and beautifully maintained residential rental units. 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!
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Pittsburgh Arsenal K-5
Public PreK-5 • Assigned • 0.3mi
5/10
Pittsburgh Arsenal 6-8
Public PreK-8 • Assigned • 0.3mi
5/10
Pittsburgh Milliones 6-12
Public 6-12 • Assigned • 1.6mi
3/10
Provided by GreatSchools
About Central
Lawrenceville
Central Lawrenceville, located between Bloomfield and the Allegheny River, is a historic and industrial Pittsburgh neighborhood with a tight street grid and a main-street corridor. The neighborhood’s character concentrates along Butler Street near 40th Street, where coffee bars, small galleries, and chef-driven dining rooms line the sidewalks. Community pillars include Row House Cinema, Arsenal Cider House & Wine Cellar, and the New Amsterdam. Brick rowhouses and former factory buildings set a textured streetscape, with pocket parks and murals breaking up the blocks. The riverfront edge and nearby trails add a steady outdoor rhythm to daily routines.
Provided by Walk Score and Local Logic
Market insights
4407 Butler · $1,595,000
DAYS ON MARKET
60 days
The average home goes pending in 70 days.
SALE-TO-LIST
92.6%
Most homes are selling 7% below list price.
LIST PRICE
$1,595,000
Median list price in this area is $250,000. (84% lower than this home)
PRICE DROP
0 price drops
17% of homes in this area have had a price drop in the past month.
Property details
Exterior
Finance
Exterior
Exterior features
Lot dimensions approximately 22 x 100
Lot area about 0.05 acres
Zoned LNC
Parking
2 parking spaces
HOA & community
Community contains 5 units
Financial info
Assessed value reported
Annual tax amount reported
Electricity and solar
View estimated energy costs and solar savings for this home
Rare Offering - The Buvinger Building - Wonderful chance to invest in a stabilized, fully renovated, high-quality boutique building with historic charm on Butler Street in the heart of Lawrenceville! This 5 unit property boasts first floor restaurant space with a recently renewed lease and 5+ years of operating history. Enter through the private residential entrance to access the 4 fully rented and beautifully maintained residential rental units. 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!
LEASESTAR #2
Feb 8, 2024
Rental Removed
$1,475
Feb 8, 2024
Listed for Rent
$1,475
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Allegheny County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Mar 4, 2023.
LNC
Local Neighborhood Commercial District
The LNC, Local Neighborhood Commercial District is intended to: Maintain the small scale and rich diversity of neighborhood-serving commercial districts; Promote and enhance the quality of life in adjacent residential areas and Reduce the adverse impacts that are sometimes associated with commercial uses in order to promote compatibility with residential development.
Permitted uses
Include but are not limited to:
Community / recreation center
Bank
Day care facility
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Office
Medical office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 97° expected this year, 19 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Pittsburgh, PA • 15201
Average low and high temperatures (°F)
32
18
41
24
60
37
68
47
70
51
82
62
85
67
82
61
79
55
67
44
54
36
43
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Pittsburgh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4407 Butler
$1,505,936
$89K under list price of $1.60M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $230K to $772K.