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$ 249,000
Est. payment /mo
New
2008 Colerain Ave Cincinnati, OH 45214
1,001 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1849550
Year Built 1890
Lot Size 1,001 Sqft
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
Exceptional redevelopment opportunity in the Dayton Street Historic District, just minutes from Findlay Market and FC Cincinnati's stadium. This 3-story building currently has (3) 1 bed/1 bath units, with plans to convert each to 2 bed/1 bath. Federal Historic Tax Credits already awarded with NPS Part 2 approval completed. The project was previously awarded $125,000 in Ohio State Historic Tax Credits, and a re-submission is planned, expected to be a rubber stamp on the already-approved scope. While credits are competitive and not guaranteed, this project offers a major head start. Includes a $35K+ package of documents: full historic drawing set, approved Part 2 applications (ODOD & SHPO), architectural drawings (not yet engineered), photo survey, and more. All materials transfer to the buyer. Surrounded by ongoing West End revitalization. Ideal for multifamily investment, rental income, or single-family conversion. Sold as-is.
Location
State OH
County Hamilton
Area Hamilton-E01
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling Window Unit, None
Fireplaces Type None
Window Features Vinyl
Exterior
Parking Features None
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Cincinnati City Sd
Listed by Comey & Shepherd