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7049 Montgomery Road, Cincinnati, OH, 45236

--beds
--baths
0sqft
$1,050,000
--price/sqft
$7,249/moest. monthly cost
$289,960/yrincome needed

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. 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.

Getting Around

74
WalkingVery Walkable
40
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Shingle,Membrane
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Features

  • Coin Laundry
  • Window features: Vinyl
  • Fireplace features: Inoperable
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Property

Details

  • Parcel number: 6020001034000
  • Zoning description: Commercial

Features

  • Exterior features: Busline Near
  • Has view: Yes
  • View description: City

Parking

  • Total spaces: 13
  • Parking features: Asphalt,Lot,Onstreet,None
  • Uncovered spaces: 13