Harrisburg, PA 17111,3443 DERRY ST
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Harrisburg, PA 17111,3443 DERRY ST
Harrisburg, PA 17111,3443 DERRY ST
Harrisburg, PA 17111,3443 DERRY ST
Harrisburg, PA 17111,3443 DERRY ST

$194,000

Est. payment /mo

$194,500

0.3%
Est.Price: ?

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3443 DERRY ST Harrisburg, PA 17111

1,736 SqFt

SOLD DATE : 09/25/2024

Key Details

Sold Price $194,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,736 sqft

Price per Sqft $111

MLS Listing ID PADA2036628

Style Traditional

Year Built 1920

Annual Tax Amount $2,418

Tax Year 2022

Lot Size 1,907 Sqft

Property Description

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!

Location

State PA

County Dauphin

Area Paxtang Boro (14047)

Zoning R11 APARTMENTS

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Equipment Oven/Range - Electric, Refrigerator, Stainless Steel Appliances

Exterior

Garage Spaces 1.0

Water Access N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Central Dauphin

School District Central Dauphin

Others

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Brad R Moore • KW Greater West Chester
Bought with Christopher J Good • Keller Williams Elite

Jason Gareau

Broker

+1(609) 929-4486

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