1403 E Derry Road
HERSHEY, PA 17033
- – beds
- – baths
- 2,088 sqft
- 10,454 sqft lot
- $170 per sqft
- 1920 build
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OFFER RECEIVED! Offer deadline is Thurs. 2/1/24 at midnight. Introducing a prime investment opportunity in the heart of desirable Derry Township School District! This 3 unit property features a front house with a 1st flr apt w/1 BR, 1 BA (could be 2 BR if you add a wall), and a 2nd flr apt with 1 BR, 1 BA. These 2 units are in good condition w/vinyl plank floors and some carpet. The basement is unfinished. The 3rd unit is a 2-story bungalow in the rear with 1 BR, 1 BA. Currently occupied by a long-term tenant, this unit presents an excellent opportunity for renovation and increased rental income once vacant. There is also a 2-car garage that is rented separately for $150/month. New roof on Bungalow and garages in 2020. All units are currently leased on a month-to-month basis, providing flexibility for new ownership. While the second-floor apartment is scheduled for vacancy at the end of March, the remaining units are fully occupied, generating consistent rental income. The owner currently covers water, sewer, and trash expenses; however, separate water meters are in place, allowing for the possibility of billing tenants individually for these utilities, thereby increasing profitability. With rents currently below market value, there exists a significant opportunity for increased revenue by adjusting rental rates to align with the local market. 24 hour notice required for all showings.
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Last updated Oct 17, 2024
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MLS# PADA2030390 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Frame
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Structure Type:Detached
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Architectural Style:Traditional
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Building Units Total:3
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Accessibility Features:None
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Foundation Details:Block
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:778
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2088
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Living Area SqFt:2,088 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:Cash
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Possession:Other
Location
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Directions:Rte 422 to East on Derry Rd
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Latitude:40.29975000
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Longitude:-76.61923000
The Property
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Property Subtype:Triplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.24
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Lot Size Source:Assessor
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Lot SqFt:10,454 Sqft
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Inclusions:refrigerators are included
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Zoning:PMU
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R15
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (717) 202-5485
- Office phone:
- (717) 553-2500
Taxes
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Tax ID Number:24-006-019-000-0000
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Tax Year:2022
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Tax Annual Amount:$3,245
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Tax Assessed Value:$112,500
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Year Assessed:2023
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School Tax:2186.0
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County Tax:773.00
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City/Town Tax:285.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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High School:HERSHEY HIGH SCHOOL
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School District Name:Derry Township
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Total Garage and Parking Spaces:2
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Garage:Yes
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Garage Features:Garage - Rear Entry
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Garage Spaces:2.00
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Type of Parking:On Street, Detached Garage
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# of Detached Garage Spaces:2
Extra Units
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# of Units:4
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Other Units:Unit 1,Unit 2,Unit 4,Unit 3
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Vacation Rental:No
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One Bedroom Units:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/12/24
Feb 12, 2024
|
Sold | BRIGHT | $355,000 | -5.3% |
|
2/2/24
Feb 2, 2024
|
Pending | BRIGHT | $375,000 | |
|
1/25/24
Jan 25, 2024
|
Listed / Active | BRIGHT | $375,000 |
