Stabilized Multifamily Apartment
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
(412) 654-0520
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.
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
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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