Chris Pirritano
RE/MAX Realty Associates
(717) 255-8269
75 Total Sales
1 in Palmdale
$140,000 Price
1403 E Derry Rd Hershey, PA 17033
Palmdale Area
Studio
2
Baths
2,088
Sq Ft
10,454
Sq Ft Lot
Highlights
- Traditional Architecture
- 2 Car Detached Garage
- Electric Baseboard Heater
- Hershey Primary Elementary School Rated A
About This Home
As of February 2024OFFER RECEIVED! Offer deadline is Thurs. 2/1/24 at midnight. Introducing a prime investment opportunity in the heart of desirable Derry Township School District! This 3 unit property features a front house with a 1st flr apt w/1 BR, 1 BA (could be 2 BR if you add a wall), and a 2nd flr apt with 1 BR, 1 BA. These 2 units are in good condition w/vinyl plank floors and some carpet. The basement is unfinished. The 3rd unit is a 2-story bungalow in the rear with 1 BR, 1 BA. Currently occupied by a long-term tenant, this unit presents an excellent opportunity for renovation and increased rental income once vacant. There is also a 2-car garage that is rented separately for $150/month. New roof on Bungalow and garages in 2020. All units are currently leased on a month-to-month basis, providing flexibility for new ownership. While the second-floor apartment is scheduled for vacancy at the end of March, the remaining units are fully occupied, generating consistent rental income. The owner currently covers water, sewer, and trash expenses; however, separate water meters are in place, allowing for the possibility of billing tenants individually for these utilities, thereby increasing profitability.
With rents currently below market value, there exists a significant opportunity for increased revenue by adjusting rental rates to align with the local market. 24 hour notice required for all showings.
Last Agent to Sell the Property
(717) 553-2500 klrw1040@kw.com Keller Williams Elite License #AB066874 Listed on: 01/25/2024
Last Buyer's Agent
(717) 735-8400 cpalancasteradmins@coldwellbankermoves.com Coldwell Banker Realty License #RS277709
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,245
Year Built
- Built in 1920
Lot Details
- 10,454 Sq Ft Lot
Parking
- 2 Car Detached Garage
- Rear-Facing Garage
- On-Street Parking
Home Design
- 2,088 Sq Ft Home
- Triplex
- Traditional Architecture
- Block Foundation
- Frame Construction
Schools
- Hershey High School
Utilities
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- The owner pays for insurance, water, sewer, trash collection
- Assessor Parcel Number 24-006-019-000-0000
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $1,291
- Trash Expense $517
- Operating Expense $1,700
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hershey, PA
-
Chris Pirritano
-
Debby Moore
Debby Moore
Responds QuicklyKingsway Realty - Ephrata
(223) 216-7628
112 Total Sales
1 in Palmdale
$40,000 Price
-
Michael Souders
Michael Souders
Iron Valley Real Estate of Central PA
(717) 864-6480
101 Total Sales
1 in Palmdale
$271,900 Price
-
Ysmaine Domiciano
Ysmaine Domiciano
NextHome Dream Seekers Realty
(223) 213-7056
181 Total Sales
1 in Palmdale
$236,458 Price
-
Jenny Fessler
Jenny Fessler
Mullen Realty Associates
(223) 214-1370
157 Total Sales
1 in Palmdale
$393,000 Price
-
Denise Bollard
Denise Bollard
Responds QuicklyRE/MAX Cornerstone
(717) 937-2994
145 Total Sales
1 in Palmdale
$239,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $439,900 | None Listed On Document | ||
| Zook Rentals Llc | $355,000 | Abstract Associates Of Lancast | |
| G & S Investments Llc | $290,000 | None Available | |
| Our Investment Group Inc | $170,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $360,000 | ||
| Previous Owner | G & S Investments Llc | $300,000 | |
| Previous Owner | Our Investment Group Inc | $65,000 | |
| Previous Owner | Our Investment Group Inc | $420,000 | |
| Previous Owner | Our Investment Group Inc | $240,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2024 02/12/24 | Sold | $355,000 | -5.3% | $170 / Sq Ft |
| 02/02/2024 02/02/24 | Pending | -- | -- | -- |
| 01/25/2024 01/25/24 | For Sale | $375,000 | -- | $180 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $3,608 | $112,500 | $33,900 | $78,600 |
| 2025 | $3,516 | $112,500 | $33,900 | $78,600 |
| 2024 | $3,305 | $112,500 | $33,900 | $78,600 |
| 2023 | $3,246 | $112,500 | $33,900 | $78,600 |
| 2022 | $3,174 | $112,500 | $33,900 | $78,600 |
| 2021 | $3,174 | $112,500 | $33,900 | $78,600 |
| 2020 | $3,174 | $112,500 | $33,900 | $78,600 |
| 2019 | $3,116 | $112,500 | $33,900 | $78,600 |
| 2018 | $3,034 | $112,500 | $33,900 | $78,600 |
| 2017 | $3,034 | $112,500 | $33,900 | $78,600 |
| 2016 | $0 | $112,500 | $33,900 | $78,600 |
| 2015 | -- | $112,500 | $33,900 | $78,600 |
| 2014 | -- | $112,500 | $33,900 | $78,600 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Wills
Seller's Agent in 2024
Wendy Wills
Keller Williams Elite
(717) 202-5485
78 Total Sales
-
David Wissler
Buyer's Agent in 2024
David Wissler
Coldwell Banker Realty
(717) 715-2430
275 Total Sales
Map
Source: Bright MLS
MLS Number: PADA2030390
APN: 24-006-019
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