3500 Derry St Harrisburg, PA 17111
- Other commercial real estate
- 4,366 SF
- 0.12 lot acres
Current Use by Public Records
- Other commercial real estate
Property Details for 3500 Derry St
- Year built
- 1900
- Lot size
- 0.12 lot acres
- Property size
- 4,366 SF
- Property type
- Other commercial real estate
- APN
- 47-031-010
- APU
- 47031010
Description
This exceptional investment opportunity presents a six-unit property situated at 3500 Derry Street in Harrisburg, Pennsylvania. The property encompasses 4,366 square feet and sits on a 0.12-acre lot. The building comprises one commercial space and five residential rental units. Currently, the commercial space and one apartment are vacant, presenting immediate potential for increased income. The residential units offer a mix of sizes and features. Apartment A is a two-bedroom, one-bathroom unit featuring replacement windows and electric heat. Apartment B is a one-bedroom, one-bathroom unit also equipped with replacement windows. Apartments C and D are both one-bedroom, one-bathroom units boasting newer carpeting, vinyl flooring, updated kitchens, new appliances, and fresh paint. These units also utilize electric baseboard heating. A convenient coin-operated laundry facility in the basement generates approximately $350 annually in supplemental income. Recent improvements include a newer porch roof. The property enjoys a highly desirable location, just minutes away from prominent retailers such as Lowe's and Bass Pro Shops, ensuring high visibility and convenient access for both tenants and customers. This property offers a compelling blend of commercial and residential income streams, making it an attractive investment prospect for discerning buyers. The asking price is $425,900.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Harrisburg
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.8316
- Latitude
- 40.2592
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA