USAPAHarrisburgPaxtang Borough3429 Derry St
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$245,000

For Sale

8 days ago

3429 Derry St, Harrisburg, PA

House

MLS® PADA2064746

0 Bed

2 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $2,433
Days Active 8
Lot Size 0.04 Acres
Approx. Age 1920
MLS® Number PADA2064746

Property Address: 3429 Derry St, HARRISBURG, PA, 17111-1849

Average square foot calculated using Size range provided by listing agent.

Description

3429 Derry Street is a Tenant Occupied investment opportunity with over Three (3) Years remaining on the initial Five (5) Year Lease. The Lease is structured as a modified gross where Tenant is responsible for all direct utilities, interior maintenance and exterior upkeep. Owner is reimbursed for water and sewer by Tenant. The Lease currently generates $30, 900.00 in annual rent, escalating by 3.00% per year. Operating expenses reported of $6, 273.72, creating an in-place NOI of $25, 000.00 and a resulting CAP rate of 10.32%. This return rate and Lease structure creates a tremendous investment opportunity regardless of your funding source. Further, notable capital expenditures of roof, electric water heater, natural gas forced air and electric panels were installed in 2018. The Downtown District Zoning of Paxtang Borough generously provides for a multitude of commercial and residential type uses for future value-add opportunities. See marketing brochure for the in-place operating finances of the property.
MLS® NumberPADA2064746
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
Basement
DrivewayPrivate, Off Site, On Street
Garage Spaces
Heat90% Forced Air, Natural Gas
A/CCentral A/C, Electric

Extras

Appliances.

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 4, 2026List Date
$245,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jul 28, 2026List Date
$255,000List Price
  • Commute

Commute

Starting Address
Destination Address
3429 Derry St, Harrisburg, PA

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