604 Crown Street, Cincinnati, OH 45206
- $200,000
- Sold Price
- $200,000
- List Price
- $275,000
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.
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Courtesy of Walter Gibler with Coldwell Banker Realty
Courtesy of Walter Gibler with Coldwell Banker Realty
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