$425,000
405 – 409 52nd Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,000
Units 3
Price per SqFt $85
Acreage 0.040
Zoning R1A-VH (Single-Unit Attached Residential Very High District)
Multifamily | 3 Units
Investment highlights
- Three‑unit multifamily opportunity in the heart of Lawrenceville, offered at $425,000
- Prime central location within one of Pittsburgh’s most in‑demand rental submarkets
- Zoning is R1A-VH (Single-Unit Attached Residential Very High District)
- One unit currently occupied, providing immediate income while two units are prepped for renovation, ideal for an investor seeking upside
- Tenant‑paid utilities for gas and electric, with ownership responsible only for water
- Strong value‑add upside through renovation of the two vacant units and repositioning rents to Lawrenceville market levels
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