City Home on Pleasant Street, a $7 million mixed-income project located near Music Hall in Over-the-Rhine, has hit the market.
Three townhome units, at , can be had for between $272,640 and $348,160.
Developed by Over-the-Rhine Community Housing and Eber Development and designed by Schickel Design, the townhomes feature 2-3 bedrooms, 2.5 baths, basements, decks, private courtyards and built-in, oversized garages.
Interior finishes include stainless steel applicances, bamboo floors, granite countertops and wood cabinets.
The first phase of the $7 million City Home project consists of five townhome units and six loft-style condominium units between 804 square feet and 2176 square feet, priced from between $120,600 and $348,160.
At buildout, an additional seven single-family homes and four condominiums will round out the total to 22 units, and nearly 1,600 square feet of commercial space will be created in the storefront at .
Special financing will be offered on five of the units, making them affordable for residents who earn less than 60 to 80 percent of the region's median income, or $21,000 a year for an individual.
City Home is part of the third phase of 3CDC's Gateway Quarter project, a $30.3 million project that includes 106 for-sale housing units and over 15,000 square feet of commercial space.
Note: Photo from December 2008
Previous reading on BC:
City Home photo update, 12/13/08 (12/18/08)
Blogger Tour of Living, Part II (10/2/08)
City Home photo update, 8/4/08 (8/12/08)
Wrecking Cincinnati, 7/21/08 (7/21/08)
Wrecking Cincinnati, 7/18/08 (7/18/08)
Oktoberfest Zinzinnati!
8 hours ago
6 comments:
Too expensive.
Cookie cutter design invades Over-The-Rhine.
At least this designs in mixed income. I'll encourage this any day.
continued...ANON 12:44,
$21k is about $10/hr. Those that work, deserve the American dream! Thanks to those responsible!
So if I make 21k or less they'll help me out with special financing.
But if I make 40k a year they won't help me. But I still can't afford the place on that salary.
Makes sense to me!
There are plenty of places to buy for someone with a $40K salary.
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