7045 Montgomery Road,Silverton, OH 45236
Silverton, OH 45236
Description
Turn-key standalone commercial building with 7 apartments and 2 retail storefronts located in the growing business district of Silverton, 1.5 miles from Kenwood Mall and I-71. Strong investment opportunity with long-term solid rental income. All units are fully leased with value-add potential for rent increases. 3- 1 bed, 3- 2 bed, 1- 3bed apartments, and 2 retail storefronts, and a full basement with coin laundry. Each unit is separately metered for gas and electricity. New Roof with transferable warranty, New Flooring in common areas. 13 parking spaces with off-street parking as well. The public bus stop is across the street with a crosswalk to the building. Property is currently rented at $111,000 yr. Currently at an 8 cap with room to go higher with rent increases.
Details
| MLS # | 1897239 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 18 |
| Listing Provided By | eXp Realty | Andrew D Willoughby |
Features
| SQ Feet | 9,528 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 9 |
| Building(s) | 2 |
| Zoning | Commercial |
| Property View | City |
Interior
| Rooms Total | 0 |
|---|---|
| Heating | Forced Air, Gas |
| Cooling | Central Air |
| Window Features | Vinyl |
| Fireplace Features | Inoperable |
| Fireplaces Total | 0 |
Exterior
| Roof | Shingle, Membrane |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Stone |
Parking
| Parking Features | Asphalt, Lot, Onstreet |
|---|---|
| Open Parking Spaces | 13 |
Utilities
| Sewer | Public Sewer |
|---|---|
| Gas | Natural |
Area Information
| State | OH |
|---|---|
| County | Hamilton |
| City | Silverton |
| Zip Code | 45236 |
| Area | Hamilton E05 |
| Subarea | Hamilton E05 |
| Community Name | Silverton |
| School District | Cincinnati City SD |
| High School | Cincinnati City SD |
| Listing VS Median (in Silverton) | |
Price: $949,000 low | high Med: $319,000 sqft: 9,528 low | high Med: 1,698 $ / sqft: $100 low | high Med: $188 On site: 18 low | high Med: 66 | |
Market Activity 45236
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Learn More About This Property
| State | OH |
|---|---|
| County | Hamilton |
| City | Silverton |
| Zip Code | 45236 |
| Area | Hamilton E05 |
| Subarea | Hamilton E05 |
| Community Name | Silverton |
| School District | Cincinnati City SD |
| High School | Cincinnati City SD |
| Listing VS Median (in Silverton) | |
Price: $949,000 low | high Med: $319,000 sqft: 9,528 low | high Med: 1,698 $ / sqft: $100 low | high Med: $188 On site: 18 low | high Med: 66 | |