Rare opportunity for the preservation-minded investor! This solid historic shell is ready for your rehabilitation vision. OTR A.D.O.P.T., a nonprofit dedicated to preserving Cincinnati's historic building stock, has recently installed a new EPDM roof and structurally stabilized the rear wall. Much of the building's original character remains intact, including door and window casings, moldings, baseboards, and flooring--many of which appear salvageable and provide a valuable head start toward an authentic restoration. It is possible to renovate the lower walk-out level to add additional bedrooms. The property will transfer free of liens, with prior property taxes and City code violations cleared upon closing and deed transfer. Historic preservation-focused deed covenants are attached and provide requirements for rehabilitation. Certain covenant terms may be negotiable. Seller can support Buyer in obtaining a 203 (fixer-upper) loan.
Based on the average sale price from the Cincinnati, OH office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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1575 Tremont Street Cincinnati, OH is a Single Family Home for sale at $63000 with 1352 sqft and a lot size of 0.035 Acres Acre(s). 1575 Tremont Street Cincinnati has 2 bedrooms, 1 baths and was built in 1885. The property's zip code is 45214 which is in Cincinnati, OH
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.