Wednesday, February 25, 2009

City Home hits the market

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 1406, 1408, and 1412 Pleasant Street, 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 1401 Race Street.

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)