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 ...
+ Read More| Listing Id: | 1777071 |
|---|---|
| List Price: | $799,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Other |
| Status: | Active |
| Tax Annual Amount: | $4,150 |
| Lot Size Acres: | 0.2111 |
| Waterfront?: | No |
| City: | Pittsburgh |
| County Or Parish: | Allegheny-east |
| Postal Code: | 15206 |
| Year Built: | 1920 |
| Number Of Units Total: | 6 |
| Basement Yn: | No |
| Community Features: | PublicTransportation |
| Construction Materials: | Brick |
| Elementary School District: | Pittsburgh |
| Gross Income: | $94,140 |
| High School District: | Pittsburgh |
| Insurance Expense: | $3,000 |
| Listing Contract Date: | 2026-09-30 |
| Lot Size Acres: | 0.2111 |
| Lot Size Area: | 0.2111 |
| Lot Size Dimensions: | 0.2111 |
| Lot Size Units: | Acres |
| Maintenance Expense: | $4,550 |
| Middle Or Junior School District: | Pittsburgh |
| MLS Area Major: | Highland Park |
| MLS Area Minor: | Highland Park |
| Net Operating Income: | $70,985 |
| Number Of Units In Community: | 6 |
| Original List Price: | $819,000 |
| Other Expense: | $2,700 |
| Parking Features: | OffStreet |
| Parking Total: | 8 |
| Postal City: | Pittsburgh |
| Roof: | Asphalt |
| State Or Province: | PA |
| Tax Assessed Value: | $151,200 |
| Utilities: | ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable |
| Vacancy Allowance: | 1875 |
| Vacancy Allowance Rate: | 2.0 |
| Zoning: | RM-M |
| Zoning Description: | RM-M |
| Property Sub Type Additional: | Other |
| Utilities Expense: | 6880.0 |
| Current Price: | $799,000.00 |
| City: | Highland Park |
| Country Subdivision: | 42003 |
| Record Signature: | 2,143,571,627 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:42003:0083-C-00062-0000-00 |
Listing Courtesy of: HOWARD HANNA REAL ESTATE SERVICES
Listing Agent: Michael DiFiore
412-361-4000
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© 2026 West Penn MLS.
West Penn MLS data last updated on October 08, 2026 05:25 PM - ET.
Property Last Updated: October 08, 2026 05:25 PM - ET
