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Stabilized Multifamily Apartment Building

121 South Quarry Street Mount Pleasant, PA 15666

121 South Quarry Street, Mount Pleasant, PA, 15666
$650,000
For Sale
$650,000

Multifamily property with (8) two-bedroom and (4) one-bedroom apartments on a 0.28-acre parcel.

Days on Market30

Property Features for 121 South Quarry Street

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1978
Listing agency SVN | Three Rivers Commercial Advisors
Listed by Ben Sherman · License #RM424399
Source Svn
Added: Jun 23 Updated: Jul 22 at 7:49AM Checked: Jul 22 at 7:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Three Rivers Commercial Advisors


Investment Insights

Based on property information with market context.

This approximately 10,000-square-foot multifamily property includes a unit mix of (8) two-bedroom apartments and (4) one-bedroom apartments. The asset is fully stabilized with long-term tenants and is currently producing NOI of $42,073 with a projected pro forma NOI of $56,473.

Recent capital work includes replacement of both front roofs and parking lot resealing in 2025, along with a full renovation of one apartment unit. Current average rents are $617 per month, with projected pro forma rents of approximately $710 per month through mark-to-market adjustments.

Key Highlights

  • Approximately 10,000 SF multifamily property on a 0.28‑acre parcel, built in 1978
  • (8) 2‑bedroom and (4) 1‑bedroom apartments (12 units total)
  • Current NOI is $42,073 with projected pro forma NOI of $56,473

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service Building Supply Auto Repair Shop Big Box & Wholesale Store Bed & Breakfast Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Multifamily property with (8) two-bedroom and (4) one-bedroom apartments on a 0.28-acre parcel.
Where is this apartment building located?
The property is located at 121 South Quarry Street Mount Pleasant, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 10,000 SF multifamily property on a 0.28‑acre parcel, built in 1978; (8) 2‑bedroom and (4) 1‑bedroom apartments (12 units total); Current NOI is $42,073 with projected pro forma NOI of $56,473
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