1631-1637 Hughes St - Apartments FOR SALE


Cincinnati, OH 45202- Mount Auburn
$595,000 USD
513-404-7263
1631-1637 Hughes St, Cincinnati, OH for Sale
$595,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

1631-1637 Hughes St
Cincinnati, OH 45202
Mount Auburn


HIGHLIGHTS

  • Very near Over-the -Rhine and Liberty Hill
  • Potential 7 townhomes or 4 townhomes with parking
  • Close to greenspace and OTR amenities

OVERVIEW

Unlock the potential of this ready-to-build opportunity at Hughes and Schiller. The bldg is cleared, architectural plans are complete, & historic tax credit applications are underway with the option to transfer credits to a new owner. This unique offering includes 1637 Hughes an existing 8,400 SF building with character and redevelopment potential and 209 Schiller an adjoining vacant lot ideal for parking or expansion. Pursue the concept for 7 modern townhomes, or reimagine the existing structure into 4 high-end residences while utilizing the lot for private resident parking. Professionally designed architectural plans. This project is ideal for a developer looking for a shovel-ready opportunity with strong value-add upside.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$52 USD /SF

# OF UNITS

6

PRICE/UNIT

$99,167

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

CN-P

APN/PARCEL ID

086-0003-0048

ASK ABOUT THIS PROPERTY

Roxanne QuallsSibcy Cline RealtorsMore Info
513-404-7263

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Roxanne QuallsSibcy Cline RealtorsMore Info
513-404-7263

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