Residential Income in Silverton

$949,000

7045-7049 Montgomery, 45236, Silverton, OH

Residential Income for sale in Silverton, 7045-7049 Montgomery, 45236

7045-7049 Montgomery, 45236, Silverton, OH

$949,000

10Bed
9Bath
Type: Residential Income

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. The roof was just hot tar sealed, all windows caulked and sealed, and 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

Location

7045-7049 Montgomery, 45236, Silverton, OH

Data

Object TypeResidential Income
Purchase Price$949,000
Living Space0 m²
Plot Size1011.71 m²
Bathrooms9
Construction Year1900
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air, Natural Gas
Primary Energy SourceN/A
Construction Year1900
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent