Unlock the potential of 608 Crown Street, a stunning 7,516-square-foot, shovel-ready property in the sought-after East Walnut Hills/Avondale area of Cincinnati, Ohio. Featuring a charming historic brick exterior, this property offers a blank canvas inside, ready for transformation into a desirable seven-unit multifamily apartment complex.
The approved plans include four one-bedroom units, two two-bedroom units, and a 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, a new owner can easily maximize their 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, 608 Crown Street is a property at the heart of it all. The property is easily accessible, sitting just off Interstate 71 and Reading Road. Residents can quickly reach the city’s top-rated attractions in under 15 minutes, including the Hard Rock Casino Cincinnati, The Cincinnati Art Museum, the Taft Theatre, Paycor Stadium, and the Great American Ballpark.
Building Plans and Additional documents are available upon request. Reach out to the Coldwell Banker team today to learn more about this exciting opportunity.