430 West New Castle Street, Butler, PA for sale

Investment Overview

SVN | Three Rivers Commercial Advisors is pleased to present 430 W New Castle St for sale, a 32-unit multifamily property featuring a unit mix of (22) one-bedroom, (4) two-bedroom, (3) three-bedroom, and (3) four-bedroom apartments. Situated in Butler, Pennsylvania, approximately 30 miles north of Downtown Pittsburgh, the property offers spacious floor plans with functional living spaces. Residents enjoy exceptional proximity to major local employers like Butler Memorial Hospital, regional retail at Pullman Square, and educational centers such as Butler County Community College and Slippery Rock University. The location provides seamless transit connections via PA Route 8, PA Route 422, PA Route 68, and I-79, allowing easy commutes throughout Butler County and the Greater Pittsburgh area.

Investment Highlights

• Value-Add Opportunity: Presents significant upside potential to grow net operating income (NOI) through leasing up the vacant units, strategic unit renovations, interior upgrades, and bringing existing rents up to market rates.
• Diverse Unit Mix: Features a 32-unit balance comprised of (22) 1-bedroom, (4) 2-bedroom, (3) 3-bedroom, and (3) 4-bedroom floor plans, catering to a wide tenant base from single professionals to larger families.
• Proximity to Major Regional Employers: Minutes from key economic drivers in Butler County, including Butler Memorial Hospital, regional retail hubs like Pullman Square, higher education including Butler County Community College and Slippery Rock University, and several local manufacturing and service employers.
• Convenient Transit & Regional Connectivity: Positioned with easy access to major transportation corridors including PA-8, PA-422, PA-68, and I-79, offering seamless travel to Downtown Pittsburgh (approx. 30 miles south) and surrounding submarkets.