Thursday, February 3, 2011

Historic Preservation Bargains: Knox Street in Knox Hill

Nice double corner lot all this house needs is an old house person to make it shine again!
The great things about neighborhood turnarounds is that banks are usually the last to know and such is the case with this foreclosure which which is listed at the bargain basement price of 6500.00 MLS1251009. In its current state, it is livable, The outside needs some restoration but on the inside much restoration has already begun.and this house has some very nice period features and a good floor plan .
Huge 1st floor master suite with bath and W/I Closet this could also be a media room or parlor

The biggest plus right now is that this house sits on the same block as a major historic restoration , the Nagele-Merz House, the house right next door is under interior restoration right now, a  new restoration is starting 4 doors down and the house across the street which sold just a year ago is now on the market for 4 times what the "investor/speculator" paid just a year ago. Couple that with the neighborhood group is negotiating on another house on the block which it plans on stabilizing and reselling with preservation covenants and this is the 'smart place' to be . Active crime watch and preservation minded buyer will get assistance with preparing a historic restoration plan, AND, Knox Hill Neighborhood Association is working on Nationl Registry status for the neighborhood and will host a historic walking tour of the neighborhood this summer. More info on Knox Hill can be found here:  http://sites.google.com/site/knoxhillneighborhoodassoc/
Beaded board trimmed split staircase has NEVER been painted!

If that wasn't enough this house which sits on a double corner lot has an attached 2 car garage. The house has Steam heat, newer boiler and the electrical system has been updated. This house was an illegal duplex and the prior owner had already done the work to convert it back to a single family. 4 Bedrooms,2 baths, Formal parlor and dining (dining room has tin ceiling) some great original never painted woodwork and nice hardware and some antique lighting means you will be way ahead of the game. One of the floors is already sanded and ready for finishing. Walk out basement too, to a level back yard. The staircase is never painted and has a unique split stairs.House is listed with Jack Green Start One Real Estate.
Prior owners have already sanded some floors and painted some rooms

Be a part of one of the most dynamic and dedicated neighborhoods in the city! Minutes to downtown, a 19 acre nature park close by, private school opening just a few blocks away and great neighbors who care. This house will not last long and you will be congratulating yourself that you bought in Knox Hill when it was still affordable.
The second story sun porch was built around 1900 and is just off the front bedroom. Imagine this redone . Great place to sit and view the neighborhood.

Do you know of a Preservation bargain? A home that just needs a preservation minded buyer? If so please contact us at victiques@gmail.com and we may feature it here. Since we have begin this series many homes that would have been in slumlords hands or worse yet in a landfill, are now on their way to restoration. Restoring Cincinnati, One house at a time!

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