604-610 Crown St - Apartments FOR SALE


Cincinnati, OH 45206- Uptown Cincinnati
$350,000 USD
513-382-4109
604-610 Crown St, Cincinnati, OH for Sale
$350,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

604-610 Crown St
Cincinnati, OH 45206
Uptown Cincinnati


HIGHLIGHTS

  • Desirable 7-Unit Property
  • Historic Building
  • Construction Plans Included
  • Great Rental Location

OVERVIEW

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. Building Plans and Additional documents available upon request.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$47 USD /SF

# OF UNITS

7

PRICE/UNIT

$50,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

Multi-Family

APN/PARCEL ID

091-0004-0032,091-0004-0133

ASK ABOUT THIS PROPERTY

Walt GiblerColdwell Banker RealtyMore Info
513-382-4109

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Walt GiblerColdwell Banker RealtyMore Info
513-382-4109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.