This 1754 square foot corner single family home is a contributing structure to the Central High School National Historic District, on a quiet corner two blocks from the school. If redone properly in accordance with National Park Service standards, it could yield a 30% State plus a 20% Federal historic tax credit for qualified rehabilitation expenses for an investor holding it for five years. The house will be sold with the adjacent half lot. The home is currently a clean, gutted shell, classified as unsafe and vacant by the city. To be livable, it will need a complete renovation. The main body of the home needs some structural attention but seems basically quite solid. The area of an old porch in the rear has collapsed. The home has been vacant for at least 20 years, and needs and merits new life. It is generously proportioned, with high ceilings, original flooring largely intact, transom windows, many of its original doors and trim. Redoing it will be a major undertaking. The owner, who lives a block away, is trying to work less as he ages. He has redone many homes in the neighborhood, and will only sell to a purchaser committed to doing a certified historic rehabilitation. See Urban Frontier LLC web site link. The strength of both the rental and the Airbnb market in the neighborhood are well established, and this place, once redone, could be another gem of a solid investment property. As is, where is sale only. Clean title, other than UV status. Serious owner, seeking serious investor interested in helping the revival of this wonderful old neighborhood. NOT INTERESTED IN SELLING TO WHOLESALERS
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