5708 Stanton Avenue, Highland Park, PA 15206

$839,000

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List Price
$839,000
Status
ACTIVE
MLS#
WESTPENN-1762132
Acres
0.21
Lot Size
9,191
Region
Highland Park

Property Description

8.54% Cap Rate • Legal 6-Unit • Separate Utilities • Eight Off-Street Parking Spaces • Stable Long-Term Tenants 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.

Additional Information

Taxes
$4,150
Lot Dimensions
9195
Basement
Full
School District
Pittsburgh
Parking Spaces
8
Parking Description
Off Street

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Calculator source: Real Geeks

Listing courtesy of HOWARD HANNA REAL ESTATE SERVICES.

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.