3429 Derry Street Harrisburg, PA $ 245,000
3429 Derry Street
$ 245,000
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3429 Derry Street

Harrisburg, PA, 17111
$ 245,000
Bedrooms-- Baths-- Sq 1,530

Monthly Estimate*

$ 1,692

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3429 Derry Street, Harrisburg, PA 17111 - Image 9
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Commercial Property for sale in Harrisburg, PA

for $245,000. This 1,530 square foot building was built in 1920 on a lot size of 0.04.

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.

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Commercial Active

Price

$ 245,000

Property Type

Commercial

Taxes

$ 2,433

Style

Lot Size

0.04

Year Built

1920

Town/City

Harrisburg

County/Region

Dauphin

MLS | Web ID

PADA2064746

Features
Interior
Heating Fuel Natural Gas
Flooring Solid Hardwood
Hot Water Electric
Total Stories 3
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Utilities Electric Available Natural Gas Available Sewer Available Water Available
Possession Settlement
Roof Asphalt
Zoning DOWNTOWN DISTRICT (DT)
Construction Materials Brick Masonry Frame
Exclusions Tenants personal property.
Year Built 1920
Electric Circuit Breakers
Property Subtype Mixed Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PAXTANG BORO
Gross Income 31560.00
Business Type Other
Accessibility None
County DAUPHIN
Net Operating Income 25286.28
Operating Expense 6273.72
New Construction N
Property Type Commercial Sale
Subdivision Name PAXTANG BOROUGH
Possible Use Apartment Building Commercial Financial Institutional Mixed Use Office Professional Service Special Purpose Other
Water Access Y/N N
Status ACTIVE
Directions Located along Derry Street in Paxtang Borough. Short distance from 322 and 83.
City HARRISBURG
Number Of Units Total 1
MLS Area Paxtang Boro (14047)
Lot Size Units Square Feet
Lot Size Square Feet 1899.00
Tax Annual Amount 2433.0
Price Per Sq Ft Total AG 111.87
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Cap Rate 10.32
Association Recreation Fee N
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Exterior
Parking Features Private
Water Source Public
Inclusions Appliances.
Type of Parking Off Site On Street
Foundation Details Stone Brick/Mortar
Water View Y/N N
Building Area Total 2190.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 10900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3429
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* Excluded Features
List By
U.S. Commercial Realty

Broker

askelly@high.net

Email

Affordability Calculator

$1,895
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,692
Monthly Property Taxes
$203
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/4/2026$245,000 Listed Price

Map


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3429 Derry Street, Harrisburg, PA, 17111 is a Commercial Property for sale at $245,000 with 1,530 sqft and a lot size of 0.04. 3429 Derry Street was built in 1920. The property's zip code is 17111 which is in Harrisburg, PA