121 South Quarry Street

For Sale

121 South Quarry Street, Mount Pleasant, PA 15666

This Mount Pleasant property for sale is located at 121 South Quarry Street. The current listed sale price for 121 South Quarry Street is $650,000. 121 South Quarry Street is situated on a lot that is 0.28 acre in size.

Contacts

Ben Sherman

SVN | Three Rivers Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 10,000 SF
  • Units 12
  • Lot Size 0.28 Acre
  • Year Built 1978
  • Date Updated Jun 17, 2026
Located in Mount Pleasant, PA.SVN Three Rivers Commercial Advisors is pleased to present 121-123 South Quarry St for sale. This approximately 10,000 SF property sits on a 0.28-acre parcel and features a unit mix of (8) two-bedrooms and (4) one-bedroom apartments. The asset is fully stabilized with long-term tenants and strong in-place cash flow, generating a current NOI of $42,073 with a projected Pro Forma NOI of $56,473. Current average rents of $617 per month are below market, providing a clear value-add opportunity through mark-to-market rent increases to approximately $710 per month. Recent capital improvements include the replacement of both front roofs and parking lot resealing in 2025, as well as a full renovation of one apartment unit, minimizing near-term capital expenditure needs and offering investors a stable, income-producing asset with upside potential.
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Highlights

  • Below-Market Rents with Mark-to-Market Opportunity: Residential rents averaging $617/month currently, with pro forma projections of $710/month.
  • Legacy Tenants: Fully stabilized with many long-term tenants in place.
  • Major Capex Completed: Both front roofs replaced and the parking lot resealed in 2025. Full Renovation of one apartment as well.
  • Strong In-Place Cash Flow with Value-Add Upside: Current NOI of $42,073 with a projected Pro Forma NOI of $56,473, offering a clear path to increased returns through mark-to-market rent adjustments.

Getting around

  • 59/100

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  • 35/100

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Location

  • City Mount Pleasant, PA
  • Zip Code 15666
  • Market Pittsburgh

Points of Interest

  • GetGo

    1.77 miles

  • Sheetz

    2.05 miles

  • New Stanton Charger

    3.94 miles

  • Sunoco

    3.96 miles

  • BFS

    5.96 miles

  • Speedway

    7.91 miles

  • Robert and Irene Stout Trail Access

    3.00 miles

  • Depot Street Trail Access

    6.31 miles

  • Parking Garage

    9.04 miles

  • Days Inn

    5.68 miles

  • Motel 6 New Stanton, PA

    5.68 miles

  • Econo Lodge

    5.70 miles

  • Super 8

    5.77 miles

  • Fairfield Inn & Suites

    5.78 miles

  • Comfort Inn

    5.85 miles

  • Historic Log Cabin Inn

    9.20 miles

  • Connellsville Housing Authority

    9.29 miles

  • Connellsville Bed & Breakfast

    9.48 miles

  • Days Inn By Wyndham - Donegal, PA

    9.64 miles

  • Walmart Supercenter

    1.57 miles

  • ALDI

    1.73 miles

  • Big Lots

    1.93 miles

  • JP Farmer's Market

    4.01 miles

  • Shop'N'Save

    6.03 miles

  • Naser Foods

    7.85 miles

  • Connellsville Cash Saver

    9.14 miles

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