1637 Hughes Street, Cincinnati, OH 45202
- $679,000
- List Price
- $679,000
- Status
- ACTIVE
- MLS#
- 1893310
- Lot Size
- 5,227
- Levels
- Three
- Region
- Hamilton-E01
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.
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Additional Information
- Acres
- 0.12
- Construction
- Brick
- Roof
- Membrane
- Basement Desc
- Full
- Garage Desc
- None
- Cooling
- None
- Heating
- None
- Sewer
- Public Sewer
- Water
- Public
- School District
- Cincinnati City SD
Mortgage Calculator
Courtesy of Tim Roberts with Comey & Shepherd
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