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.
| Listing Id: | 1773441 |
|---|---|
| List Price: | $1,499,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Other |
| Status: | Active |
| Tax Annual Amount: | $12,516 |
| Lot Size Acres: | 0.0458 |
| Waterfront?: | No |
| City: | Pittsburgh |
| County Or Parish: | Allegheny-east |
| Postal Code: | 15201 |
| Year Built: | 1910 |
| Number Of Units Total: | 6 |
| Basement: | Unfinished |
| Basement Yn: | Yes |
| Community Features: | PublicTransportation |
| Construction Materials: | Brick, Frame |
| Directions: | North on Butler St, property at corner of 38th and Butler |
| Elementary School District: | Pittsburgh |
| Gross Income: | $188,916 |
| High School District: | Pittsburgh |
| Listing Contract Date: | 2026-09-08 |
| Lot Size Acres: | 0.0458 |
| Lot Size Area: | 0.0458 |
| Lot Size Dimensions: | 0.0458 |
| Lot Size Units: | Acres |
| Middle Or Junior School District: | Pittsburgh |
| MLS Area Major: | Lawrenceville |
| MLS Area Minor: | Lawrenceville |
| Net Operating Income: | $130,939 |
| Number Of Units In Community: | 6 |
| Original List Price: | $1,499,000 |
| Parking Features: | OffStreet |
| Parking Total: | 1 |
| Postal City: | Pittsburgh |
| State Or Province: | PA |
| Tax Assessed Value: | $475,000 |
| Utilities: | ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable |
| Zoning: | LNC |
| Zoning Description: | LNC |
| Property Sub Type Additional: | Other |
| Current Price: | $1,499,000.00 |
| City: | Lawrenceville |
| Country Subdivision: | 42003 |
| Record Signature: | 1,327,681,692 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:42003:0049-J-00308-0000-00 |
Listing Courtesy of: RE/MAX SELECT REALTY
Listing Agent: Eric Rice
724-933-6300
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© 2026 West Penn MLS.
West Penn MLS data last updated on October 08, 2026 05:25 PM - ET.
Property Last Updated: October 08, 2026 05:25 PM - ET
