3443 Derry Street
HARRISBURG, PA 17111
- – beds
- – baths
- 1,736 sqft
- 1,907 sqft lot
- $111 per sqft
- 1920 build
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Welcome to 3443 Derry St—an exceptional investment opportunity in the Central Dauphin School District! This versatile duplex is located at the quiet end of Derry St. and offers multiple potential uses. Ideal for an owner-occupant looking to offset their mortgage with rental income, or for investors seeking a property with strong cash flow potential, this multi-unit property has much to offer. Both units are currently vacant, offering flexibility for the new owner’s plans. They were consistently occupied until May 2024, with Unit 1 and Unit 2 each renting for $1,100. Rents have not been increased since the original leases and could be adjusted to $1,200 or more per unit. Recent updates include a new roof installed in 2020, a new hot water heater (May 2024), a newly replaced deck railing, and modern stainless steel appliances in Unit 1. The interior has been freshly repainted and includes numerous cosmetic upgrades. With a current cap rate of 9.78% and a projected cap rate of 11.66%, this property delivers outstanding value and potential returns. (Please see the provided numbers sheets for P&L calculations and more.) This property offers proximity to Harrisburg's growing attractions while being located in the highly rated Central Dauphin School District. With easy access to Philadelphia, Baltimore, and Washington, D.C., Harrisburg provides a strong investment opportunity with its affordable real estate, stable rental demand, and ongoing development. Secure your place in this high-demand rental market at a competitive price. Don’t miss out on this fantastic investment opportunity. Contact us today to schedule a showing and see how this property can be a valuable addition to your portfolio!
Listing courtesy of BRIGHT / KW Greater West Chester
Last checked:
Checking…
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Last updated Oct 17, 2024
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MLS# PADA2036628 —
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:Brick
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Structure Type:Detached
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Architectural Style:Traditional
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Historic:No
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Building Units Total:2
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Accessibility Features:None
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Foundation Details:Block
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Basement:Yes
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Basement Type:Unfinished
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Total SqFt Source:Estimated
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Total Below Grade SqFt:690
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Total Below Grade SqFt Source:Estimated
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Tax Total Finished SqFt:1449
Interior
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2426
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Living Area SqFt:1,736 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, VA
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Buyer Financing:Conventional
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Possession:Negotiable
Location
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Directions:From I-83, take exit 46B for US-322 E toward E Hershey. Merge onto Derry St and continue for approximately 2.5 miles. The property at 3443 Derry St will be on your right.
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Latitude:40.25880000
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Longitude:-76.83221000
The Property
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Property Subtype:Duplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Estimated
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Lot SqFt:1,907 Sqft
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Inclusions:A/C Window Units
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Zoning Description:4 or less units
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Zoning:R11 APARTMENTS
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Other Structures:Above 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:R11
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 436-6500
- Office phone:
- (610) 436-6500
Taxes
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Tax ID Number:47-037-003-000-0000
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Tax Year:2022
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Tax Annual Amount:$2,418
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Tax Assessed Value:$65,500
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Year Assessed:2023
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School Tax:1143.0
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County Tax:473.00
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City/Town Tax:801.00
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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:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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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
Appliances
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Appliances:Oven/Range - Electric, Refrigerator, Stainless Steel Appliances
Schools
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High School:CENTRAL DAUPHIN
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School District Name:Central Dauphin
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Cap Rate:11.66
Parking
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Total Garage and Parking Spaces:1
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Garage:No
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Type of Parking:On Street, Alley, Parking Lot
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Parking Features:Public
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Parking Lot - # of Spaces:1
Extra Units
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Vacation Rental:No
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Two Bedroom Units:2
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 |
---|---|---|---|---|
9/25/24
Sep 25, 2024
|
BRIGHT | $194,000 | -0.3% | |
8/10/24
Aug 10, 2024
|
BRIGHT | |||
8/1/24
Aug 1, 2024
|
BRIGHT |