Positioned directly on the highly sought-after Butler Street commercial corridor in Lawrenceville, this stabilized mixed-use asset offers an ideal combination of steady current cash flow and immediate equity upside. Featuring a premier street-level commercial space and four residential apartments, 4519 Butler St is a turn-key property designed for low-maintenance, high-efficiency ownership. All units are currently leased to reliable, long-term tenants who provide exceptional income stability. While the property currently generates $53,940 in Gross Annual Income, substantial upside remains.
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
Property details
Interior
Exterior
Finance
Living
Interior features
Has basement with walk-out access
Bedrooms
Five units with 1 bedroom each
Bathrooms
Each unit has 1 full bathroom
Exterior features
Public transportation nearby
Lot about 99 x 20 feet
Home design
Commercial zoning
Brick construction
Built-Up roof
Parking
Combination of off-street and on-street parking
Total of 1 designated parking space
Construction
Brick construction
Built-Up roof
Utilities
Electricity available
Natural gas available
Public water available
Public sewer available
Financial info
Five total units
Reported gross income: $53,940
Current unit rents reported: $575; $600; $875; $870; $1,575
Electricity and solar
View estimated energy costs and solar savings for this home
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
Historical weather
Pittsburgh, PA • 15201
Average low and high temperatures (°F)
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60
37
68
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85
67
82
61
79
55
67
44
54
36
43
27
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Sun exposure
81/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Pittsburgh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4519 Butler St
There isn’t enough information to generate an accurate estimate at this time. Learn More