Highland ParkPittsburgh School DistrictAllegheny County
8.54% Cap Rate • Legal 6-Unit • Separate Utilities • Eight Off-Street Parking Spaces • Stable Long-Term Tenants First Investment Preview: Tuesday, June 30 from 2:00-4:00 PM. Buyers are encouraged to attend with their real estate agent. Future showings will be limited to designated showing days to minimize disruption to tenants. 5708 Stanton Avenue is a well-maintained six-unit apartment building located in one of Pittsburgh's strongest rental corridors. The property consists of six legal 1-bedroom, 1-bathroom apartments (occupancy permit available in supplements) with separate gas and electric service, minimizing owner expenses. Residents enjoy off-street parking, on-site laundry, and an additional garage rental, creating multiple income streams beyond base rent. Long-term tenants, stable occupancy, and below-market operating expenses make this an attractive investment for both experienced and first-time multifamily investors. Highlights Legal 6-unit apartment building Six 1BR / 1BA apartments RM-M Zoning Separate gas & electric meters Tenants pay: Gas Electric $50/month water reimbursement Hydronic boiler heating system Eight off-street parking spaces Garage rented separately Basement laundry provides additional income Strong rental history Convenient East End location close to hospitals, universities, public transportation, shopping and dining.
General Information
Gross Annual Income 91440
Gross Operating Income 93816
Lot Size 9195
Public Transportation
Taxes $4,150
Zoning RM-M
Exterior Features
Construction Brick
Parking Off-Street Parking, 8
Roof Composition
Utilities
Utilities Available Electricity, Gas, Sewer, Water
Listing courtesy of HOWARD HANNA REAL ESTATE SERVICESInformation Herein is Deemed Reliable but Not Guaranteed