3429 Derry Street is a Tenant Occupied investment opportunity with over Three (3) Years remaining on the initial Five (5) Year Lease. The Lease is structured as a modified gross where Tenant is responsible for all direct utilities, interior maintenance and exterior upkeep. Owner is reimbursed for water and sewer by Tenant. The Lease currently generates $30,900.00 in annual rent, escalating by 3.00% per year. Operating expenses reported of $6,273.72, creating an in-place NOI of $25,000.00 and a resulting CAP rate of 10.32%. This return rate and Lease structure creates a tremendous investment opportunity regardless of your funding source. Further, notable capital expenditures of roof, electric water heater, natural gas forced air and electric panels were installed in 2018. The Downtown District Zoning of Paxtang Borough generously provides for a multitude of commercial and residential type uses for future value-add opportunities. See marketing brochure for the in-place operating finances of the property.

Copyright 2026 BRIGHT, All Rights Reserved. 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 Angie House participates, and is provided by BRIGHT through a licensing agreement. 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.Data last updated October 4, 2026. 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.

Name

Your Email Address

Phone

Message Send me the deed for 3429 Derry Street Harrisburg PA 17111 (ID#:PADA2064746)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 3429 Derry Street Harrisburg PA 17111 (ID#:PADA2064746)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 3429 Derry Street Harrisburg PA 17111 (ID#:PADA2064746)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Angie House | Railey Realty

Search Real Estate in North Central West Virginia

Search Properties

3429 Derry StreetHarrisburg, PA 17111Price: $245,000

$/month over payments

Listing Tools

Property Details of 3429 Derry Street

Map Location

Driving Directions

Angie House

Angie House

Quick Links

Contact

Connect

3429 Derry StreetHarrisburg, PA 17111Price: $245,000

$/month over payments

Listing Tools

$/month over payments

Hi there! How can we help you?

Send to a friend

Property Details of 3429 Derry Street

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Angie House

Quick Links

Contact

Connect