BEDS3
BATHS1 full 1 partial
SQUARE FEET1,835
MLS#PADA2062484
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SUBDIVISIONPAXTANG BOROUGH
SCHOOLCENTRAL DAUPHIN
Property Description
Turnkey investment delivering immediate cash flow with a 10+% cap rate and built-in annual income growth! This fully leased mixed use property is an exceptional opportunity for investors seeking a stable, low-maintenance asset. The current tenant is secured with four years remaining on the lease, featuring 3% annual rent increases that provide predictable cash flow and long-term appreciation. Positioned on a highly visible corner lot, this extensively remodeled property requires no updates, allowing a new owner to step into a truly turnkey investment. The tenant is responsible for all utilities and landscaping, significantly reducing ownership responsibilities while maximizing net income. Offering approximately 1,835 square feet of finished space, the building features beautiful hardwood flooring throughout, natural gas forced-air heat, central air conditioning, a full basement with interior access for additional storage, and an attic for even more storage potential. The property also includes two off-street parking spaces, an updated roof installed in 2018, and well-maintained mechanical systems, making it an attractive, worry-free investment. Whether you’re looking to expand your commercial portfolio or complete a 1031 exchange, this is a rare opportunity to acquire a fully occupied, professionally updated, income-producing property with strong returns from day one and built-in rental growth for years to come.
Property Features
Property Type: Residential - Single Family
Basement: Full
Basement: Yes
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: 90% Forced Air
Home Style: Traditional
Lot Size: 0.04 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $2,433
Year Built: 1920
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 7
Electric: Circuit Breakers
Exterior: Brick
Flooring: Solid Hardwood
Interior: Attic
Location: Downtown
Lot Dimensions: 0.04 Acre(S)
Municipality: PAXTANG BORO
Parking Features: Private
Sewer: Public Sewer
SQFT Above Finished: 1835
SQFT Total Finished: 1835
Structure Type: Twin/Semi-Detached
Water: Public
Local Schools
High School: CENTRAL DAUPHIN EAST
School District: CENTRAL DAUPHIN
Listed By / Shown By
Listed By
Agency Name: Keller Williams Elite
Agency Phone: 7175532500
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 857.23 per month $578.65 Principal & Interest $202.75 Property Tax $75.83 Homeowner's InsuranceChange Payment Information
3429 Derry Street | MLS# PADA2062484
This single family home located at 3429 Derry Street, Harrisburg, PA 17111 is currently listed for sale with an asking price of $260,000. This property was built in 1920 and has 3 bedrooms and 1 full and 1 partial baths with 1835 sq. ft. Derry Street is located in the PAXTANG BOROUGH subdivision within the CENTRAL DAUPHIN school district. Search PAXTANG BOROUGH real estate on www.realtymarkllc.com today.