$24,900

FOR SALE

428 Kelker

Harrisburg, Pa, 17102

MLS #PADA2057376

Subdivision: Midtown Harrisburg

Building: -

4 Beds

1/- Baths

1702 sqft

$ 14.63 /sqft

Property Details

Investor Package Opportunity: 428 Kelker Street (with Adjoined 426 Kelker Street & Adjacent Corner Lot at 424 Kelker Street), Harrisburg, PA 17102Attention investors and rehabbers! This semi-detached brick twin home (sharing one common wall with 426 Kelker St) in vibrant Midtown Harrisburg presents significant value-add potential for experienced buyers. Built in 1900 with approximately 1,878 sq ft of living space (per public records; some sources note variations around 1,702x2013;2,230 sq ft) on a compact 1,123 sq ft lot, the property at 428 Kelker St is currently condemned and placarded by the Harrisburg Bureau of Fire for demolition due to structural concerns and safety issues. It is offered strictly as-is and requires substantial rehabilitation to bring it up to code.The interior is cluttered with personal belongings and debris, making navigation challengingx2014;buyers should exercise extreme caution during any showings, and access may be limited. Estimated repairs could total around $100,000 (or more, depending on scope and contractor bids, similar to the adjoined property). With the right plan, this could transform into a desirable rental or resale, with comparable renovated homes in the area suggesting an after-repair value (ARV) of approximately $190,000 to $200,000.Seller prefers to sell as a package including the subject property at 428 Kelker St (listed at $24,900), the adjoined property at 426 Kelker St (listed at $44,900), and the adjacent corner lot at 424 Kelker St (listed at $9,900), for a combined total of $79,700. This creates an attractive opportunity for investors to acquire a larger contiguous footprintx2014;potentially for side-by-side rehabs, expanded development, added parking/yard value, or multi-unit potentialx2014;subject to city approvals and zoning.Prospective buyers are strongly encouraged to consult directly with the City of Harrisburg Codes Bureau regarding any potential for rehabilitation, condemnation removal, or demolition avoidance. A structural engineer's report or detailed rehab plan may be required. No representations are made about the city's approval process, timelines, or feasibilityx2014;due diligence is essential, including verification of all listings, parcel details, and current status.Priced aggressively for a quick sale. Cash or hard money financing recommended; conventional loans unlikely due to condition. Contact listing agent for details on safely accessing the properties or discussing the package. All information provided is deemed reliable but not guaranteedx2014;verify independently. Sold as-is, where-is, with no warranties expressed or implied.

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
-
Membership Fees
-
Appliances
-
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
-
Year Built
1900
Cooling
None
Pets Allowed
-
Amenities
-
Interior
-
Maintenance Fee Includes
-
Governing Bodies
-
Construction
-
Security
-
Heating
None
Garage/Carport
-
Dining Area
-
Exterior
-
Pet Restrictions
-
Parking
-
Application Fee
-
Water Access
-
Pool
Yes
Gated Community
-
Status
A
Listing Office
Coldwell Banker Realty

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Listing Courtesy of: Coldwell Banker Realty