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7045-7049 Montgomery Road, Silverton, OH 45236$1,050,000

Days on Site: n/a MLS#: 956950 View Map

Comments for 7045-7049 Montgomery Road, Silverton, OH 45236

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.

Property Type: Multi Unit - Multiple Heating: Forced Air, Natural Gas
Basement: Yes Lot Dimensions: 55x140
Basement Features: Full, Unfinished Lot Size: 0.25 Acres
Cooling: Central Taxes: $19,260
Exterior: Brick Year Built: 1900
School District: Cincinnati

Listed By

Agency Name: eXp Realty
Agency Phone: (866) 212-4991

Shown By

Agent Name: Jon Glista
Agent Phone: (937) 620-8913
Agency Title: Irongate Inc., Realtors

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Hamilton County Demographic Information for 7045-7049 Montgomery Road, Silverton, OH 45236

Fips
Fips Code39061
Population
2020 to 2025 Changeup 0.9%
2010 Count802,374
2020 Count830,639
2025 Estimate (V2025)838,418
2020 Estimate (V2025)830,628
Age Distribution (Years Old)
0 to 46.1%
5 to 1722.6%
18 to 6454.0%
65 and Older17.3%
Gender
Male48.6%
Female51.4%
Place of Birth
Foreign6.3%
US93.7%
Education
High School Graduate, Age 25+92.7%
Bachelor's Degree or Higher, Age 25+41.8%
Computer and Internet use
Households with a computer95.1%
Households with a broadband Internet subscription91.3%
Language
English is Second Language, Age 5+8.1%
English is First Language, Age 5+91.9%
Veterans
Veterans34,838
Income
Per Capita Income$45,936
Median Household Income$72,470
People in Poverty14.2%
Commute
Average Work Commute Time23 minutes
Housing
Total Housing Units381,690
Households354,739
Average Household Size2.29
Owner-Occupied59.3%
Multi-Family35.8%
Owner-Occupied Median Value$241,900
Median selected monthly owner costs -with a mortgage$1,673
Median selected monthly owner costs -without a mortgage$707
Median gross rent$1,075
Building Permits
New Private Housing Issued 2024822
Years at Residence
1 Year or More86.3%
Less Than 1 Year13.7%
Business and Employment
Private non-farm Establishments21,087
Private non-farm Employment529,211
Private non-farm Employment Growthdown 1.0%
Nonemployer Establishments66,999
Number of Firms14,937
Business Production
Value of Shipments$23,656,887,000
Wholesale Trade$16,309,476,000
Retail Trade$13,273,606,000
Retail Sales Per Capita$14,411
Accommodation and Food Services$2,445,265,000
Land
Land Area405.91 sq. miles
Population Per Square Mile1,977
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Jon Glista
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Text: (937) 620-8913

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Mortgage Payment Calculation for 7045-7049 Montgomery Road, Silverton, OH 45236

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $8,381.02 / per month

(Payments are an estimate and may vary by lender)

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