3429 DERRY ST
HARRISBURG, PA 17111
$275,000
Beds:
3
Baths:
1
| 1
Sq. Ft.:
1,835
Type:
Condo
Listing #PADA2061256
Turnkey investment delivering immediate cash flow with a 9.9% 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.
Listing Courtesy of: Keller Williams Elite (717) 553-2500
Property Features
County:
DAUPHIN-PA
Municipality:
PAXTANG BORO
Latitude:
40.25884
Longitude:
-76.8327
MLS Area:
Paxtang Boro (14047)
Subdivision:
PAXTANG BOROUGH
Directions:
.
Interior:
Attic
Full Baths:
1
1/2 Baths:
1
Has Fireplace:
No
Heating:
90% Forced Air
Heating Fuel:
Natural Gas
Cooling:
Central A/C, Electric
Floors:
Solid Hardwood
Water Heater:
Electric
Basement Description:
Full
Has Basement:
Yes
Accessibility:
None
Style:
Traditional
Stories:
3
Is New Construction:
No
Construction:
Brick
Foundation:
Stone, Brick/Mortar
Roof:
Asphalt
Septic or Sewer:
Public Sewer
Electric:
Circuit Breakers
Has Garage:
No
Site Description:
Downtown
Lot Size in Acres:
0.04
Lot Size in Sq. Ft.:
1,742
Zoning:
DOWNTOWN
Condition:
Excellent
Has Waterfront:
No
Has Water Access:
No
School District:
CENTRAL DAUPHIN
ListDate:
2026-06-19 00:00:00.0
Possession:
Immediate
Property Type:
CND
Property SubType:
Twin/Semi-Detached
Levels:
3
Year Built:
1920
Status:
Active
Active Adult Community:
No
Tax Year:
2025
Tax Amount:
$2,358
Ownership Interest:
Fee Simple
Inclusions:
Kitchen appliances, washer and dryer
Exclusions:
Tenants personal property
Square Feet Source:
Estimated
Is A Condo:
No
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
© 2026 Bright MLS - TREND, Central Penn, Keystone. All rights reserved.
© 2026 BRIGHT. All rights reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at June 20, 2026, 12:45 AM ET
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