Vacant shell + adjacent double lot. Total street frontage is 75', lot depths are 100' with a vacated alley behind them. Half of the lot contains a parking pad. The house is a rare remaining wood, single-family Italianate located in west Over-the-Rhine, in a hot, transitional area. The house has been gutted and stabilized and has a new roof. It isn't pretty, but a lot has gone into the current state of it and it has great potential, particularly with the two lots beside it. Low Auditor valuations and taxes give the house and parcels exceptional potential for tax abatements on final projects. Finished single-families on this part of the street have appraised in the $400,000s and comparable single-families with parking a few blocks east in OTR sell for $1mill+ with progress moving rapidly in this direction. More has been invested than the list price. Open to creative deal structures and options.
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