$ 275,000
-
$275,000
Price -
0
Bed -
0
Bath -
2,190
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 108029 - 3327371
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 Highlights
Status
Active
Days on Site
3
Property Type
Commercial Sale
MLS ®
PADA2061120
Year Built
1920
Total Square Footage
2,190
Lot/Acreage
0.04
County
Dauphin
Neighborhood
Paxtang Borough
Area
Paxtang Boro (14047)
School District
Central Dauphin
High School
Central Dauphin East
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor: Solid Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: DOWNTOWN
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Private,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $2,358
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
3429 Derry St Harrisburg, PA 17111
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
