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$ 200,000
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Pending
469 W McMicken Ave Cincinnati, OH 45214
1,742 Sqft Lot
UPDATED:
07/15/2024 04:37 PM
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Pending
Purchase Type For Sale
Subdivision Sam J Brown Sub
MLS Listing ID 1809369
Originating Board Cincinnati Multiple Listing Service
Year Built 1885
Lot Size 1,742 Sqft
Property Description
Backup offers accepted. Prime redevelopment opportunity on quickly growing thoroughfare in OTR (Over-the-Rhine) - high visibility and foot traffic! Owner has completely stabilized and reframed the shell - and it is now ready for your final buildout - compare to neighboring shells. Financial Incentives: historic tax credits and abatements can significantly reduce development costs. Enjoy a strong rental market, w/ excellent steady income potential. Surrounding area benefits from heavy developer investment, revitalizing the neighborhood. Walkable: close to stadiums, entertainment, and amenities, attracting residents and tenants. RM-0.7 - Residential Multi-family (700 sf/unit) Zoning allows many options here - from 3-7+ total units.
Location
State OH
County Hamilton
Area Hamilton-E01
Rooms
Basement Full
Interior
Heating None
Cooling None
Fireplaces Type None
Window Features Wood
Exterior
Garage None
View Y/N No
Water Access Desc Public
Roof Type Membrane
Building
Foundation Stone
Sewer Public Sewer
Water Public
Level or Stories Three or More
New Construction No
Schools
School District Cincinnati City Sd
Listed by eXp Realty