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$ 350,000
Est. payment /mo
Active
604 Crown St Cincinnati, OH 45206
9,060 Sqft Lot
UPDATED:
10/21/2024 04:05 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1822113
Originating Board Cincinnati Multiple Listing Service
Year Built 1900
Annual Tax Amount $8,117
Lot Size 9,060 Sqft
Lot Dimensions 57 X 140
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
Rooms
Basement Full
Interior
Heating Not Applicable
Cooling None
Flooring Not Applicable
Exterior
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Faces Between Taft and McMillan. From Taft turn L on Essex Pl, L on Crown
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Three
New Construction No
Listed by Coldwell Banker Realty
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