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121-123 S Quarry st
Mount Pleasant, PA 15666

$650,000 USD

Multifamily For Sale  •  10,000 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 10,000 SF
  • Lot Size 0.28 AC
  • Year Built 1978
50 Walk Score

Highlights

Strong In-Place Cash Flow with Value-Add Upside: : Current NOI of $43,579 with a projected Pro Forma NOI of $55,507.
Legacy Tenants: Fully stabilized with many long-term tenants in place.
Below-Market Rents with Mark-to-Market Opportunity: Residential rents averaging $617/month currently, with pro forma projections of $710/month.
Major Capex Completed: Both front roofs replaced and the parking lot resealed in 2025. Full renovation of one apartment as well.

Public Transportation

AirportDriveWalkDistance
Arnold Palmer Regional 25 min - 13.4 mi
Chris Parke 215-302-4400 SCOPE
Chris Parke 215-302-4400 SCOPE