$799,000

5708 Stanton Ave, Highland Park, PA 15206

• 1920 built

Type

Other

County

Allegheny-East

Lot

0.21 acres

MLS #

1777071

About this home

FINANCIAL HIGHLIGHTS: $799,000 asking price | $94,140 current gross annual income (11.77%) | $70,903 current NOI | 8.87% current capitalization rate | $133,167 per unit | Only $1875 in actual 2026 vacancy. A compelling opportunity for the serious investor seeking proven East End income rather than returns dependent upon aggressive future projections. This legal six-unit building consists of six 1BR/1BA apartments with a strong rental history, established tenants and an average tenancy of approximately 3.2 years. The investment is structured for predictable performance: tenants pay separately metered gas and electric, water and sewer reimbursements are already incorporated into the leases, and annual 4% rent increases provide contractual income growth. Additional revenue is generated through the garage and on-site laundry. PRIME EAST END LOCATION: Ideally positioned along Stanton Avenue at the border of Highland Park and East Liberty, the property offers tenants walkable access to Highland Park’s reservoir, Bryant Street business district, tennis courts, swimming pool and Lake Carnegie. East Liberty’s restaurants and nightlife, Whole Foods Market, Target and Bakery Square are also conveniently nearby, placing residents close to one of Pittsburgh’s most active employment, technology and emerging AI corridors. This combination of neighborhood amenities, recreation, retail and employment access supports sustained tenant demand and long-term rental stability. Property highlights include a dry basement, rear parking for approximately 6–8 vehicles, desirable RM-M zoning and a convenient East End location near Highland Park and East Liberty. The combination of in-place income, low vacancy, tenant stability, separate utilities and built-in rent growth distinguishes 5708 Stanton from investment properties whose returns rely primarily on future renovations or speculative rent increases. Contact the listing agent to request the individual 5708 Stanton Avenue Investment Memorandum with the complete rent schedule, operating analysis and supporting property information. Financial information is based on seller-provided current operations and is subject to buyer verification.

Courtesy of HOWARD HANNA REAL ESTATE SERVICES