Residential Income in Silverton

$949,000

7049 Montgomery, 45236, Silverton, OH

Residential Income for sale in Silverton, 7049 Montgomery, 45236, 9528 m²

7049 Montgomery, 45236, Silverton, OH

$949,000

9528m²
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. 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.

Agent Information

Location

7049 Montgomery, 45236, Silverton, OH

Data

Object TypeResidential Income
Purchase Price$949,000
Living Space9528 m²
Plot SizeN/A
BathroomsN/A
Construction Year1900
ConditionNot specified
RoomsN/A

Energy Information

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

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