Active · MLS of Greater Cincinnati

7049 Montgomery Road

Silverton, OH, 45236

$949,000

9,528 sqft · 14 days on market

About this home

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.

Listing courtesy of eXp Realty. Listed by Andrew D Willoughby.

Tabatha Hamilton is not the listing agent for this home. She can help you as a buyer's agent.

Courtesy of the MLS of Greater Cincinnati.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the MLS of Greater Cincinnati. Information is deemed reliable but not guaranteed. All measurements are approximate, and listing details may have changed since they were last refreshed. The brokerage named on each listing is the listing office.