604 Crown St new

Cincinnati,OH 45206

$ 350000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1822113

Year Built 1900

Annual Tax Amount $8,117

Lot Size 9,060 Sqft

Property Description

Unlock the potential of 608 Crown St, a stunning 7,516 sq. ft. shovel-ready property in the sought-after East Walnut Hills/Avondale area. Featuring a charming historic brick exterior, this property offers a blank canvas inside, ready for transformation into a desirable 7-unit multi-family apartment complex. The approved plans include: Four 1-bedroom units Two 2-bedroom units One spacious 4-bedroom unit This property has undergone all necessary environmental testing and abatement, ensuring a smooth development process. With LEED Silver certification and a Community Reinvestment Area (CRA) application nearing completion, you can maximize your investment benefits. The seller has also engaged with The Cincinnati Development Fund, which is eager to discuss financing options. Additionally, the sale includes the adjoining lot, perfectly suited for parking under the current plans. Situated just minutes from local medical centers, vibrant downtown amenities, and top universities.

Location

State OH

County Hamilton

Area Hamilton-E01

Interior

Heating Not Applicable

Cooling None

Flooring Not Applicable

Exterior

View Y/N No

Roof Type Shingle

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction No

View More
Favorite Go Tour