Listed By
Agency Name: Comey & Shepherd
Agent Name: Tim Roberts
Agency Phone: 513-561-5800
Shown By
Agent Name: Jerri Furniss
Agent Phone: Cell: (614) 937-4427
Agency Title: Cutler Real Estate
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Property Description
A rare opportunity to take over a substantially advanced historic redevelopment in Cincinnati's urban core. Plans reimagine this approximately 8,400 SF historic building as four large townhome-style rental residences with approximately 6,835 SF of proposed finished living space. Significant pre-development work has already been completed, giving the next owner a meaningful head start. The offering includes the adjacent vacant parcel at 209 Schiller Street, planned for gated off-street parking with approximately two spaces per residence. The project is further distinguished by approximately $700,000 in anticipated Federal and Ohio historic tax credits. Current tax-credit structure requires the completed residences to be held as rentals to preserve the credits. An exceptional opportunity with plans, parking and substantial tax-credit potential already in place. Fantastic location near all that downtown has to offer.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 1
Fireplaces: 0
Heating: None
Lot Size: 0.12 Acres
Roof Type: Membrane
Stories: 3.0
Taxes: $0
Year Built: 1900
Feature Descriptions
Exterior: Brick
Fireplace Features: None
Foundation: Stone
Gas: Natural
Parcel #: 086-0003-0048-00
Parking: Off Street
Sewer: Public Sewer
Total Buildings: 1
Units: 4
Water: Public
Window Features: Other
Local Schools
School District: Cincinnati
Estimate Your Payment
Estimated Payment
$ 3,676.21 per month $3,478.17 Principal & Interest $0.00 Property Tax (data not provided by mls) $198.04 Homeowner's InsuranceChange Payment Information
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1637 Hughes Street | MLS# 1893310
This multi-family property located at 1637 Hughes Street, Cincinnati, OH 45202 is currently listed for sale with an asking price of $679,000. Hughes Street is located within the Cincinnati school district. Search Cincinnati real estate on www.jerrifurniss.com today.