7049 Montgomery RoadSilverton, OH 45236

7049 Montgomery RoadSilverton, OH 45236

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$1,050,000 Active
Multi Unit - Multiple MLS 1875802 New to the Market
0 beds Bathrooms
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Listed By

Agency Name: eXp Realty
Agency Phone: 866-212-4991
Agent Name: Andrew Willoughby

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property 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.

7049 Montgomery Road | MLS# 1875802

This multi-family property located at 7049 Montgomery Road, Silverton, OH 45236 is currently listed for sale with an asking price of $1,050,000. Montgomery Road is located within the Cincinnati school district. Search Silverton real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central Air
Days on Market: 7
Fireplaces: 0
Heating: Forced Air, Gas
Roof Type: Shingle, Membrane
Stories: 3.0
Taxes: $19,260
Year Built: 1900

Feature Descriptions

Exterior: Brick
Fireplace Features: Inoperable
Foundation: Stone
Gas: Natural
Miscellaneous: Coin Laundry
Other Features: Busline Near
Parcel #: 602-0001-0340-00
Parking: Asphalt, Lot, Onstreet
Sewer: Public Sewer
Special View Info: City
Total Buildings: 2
Units: 9
Water: Public
Window Features: Vinyl

Local Schools

School District: Cincinnati

Demographics

Hamilton County Demographic Information for 7049 Montgomery Road, Silverton, OH 45236
Fips
Fips Code 39061
Population
2020 to 2025 Change up 0.9%
2010 Count 802,374
2020 Count 830,639
2025 Estimate (V2025) 838,418
2020 Estimate (V2025) 830,628
Age Distribution (Years Old)
0 to 4 6.1%
5 to 17 22.6%
18 to 64 54.0%
65 and Older 17.3%
Gender
Male 48.6%
Female 51.4%
Place of Birth
Foreign 6.3%
US 93.7%
Education
High School Graduate, Age 25+ 92.7%
Bachelor's Degree or Higher, Age 25+ 41.8%
Computer and Internet use
Households with a computer 95.1%
Households with a broadband Internet subscription 91.3%
Language
English is Second Language, Age 5+ 8.1%
English is First Language, Age 5+ 91.9%
Veterans
Veterans 34,838
Income
Per Capita Income $45,936
Median Household Income $72,470
People in Poverty 14.2%
Commute
Average Work Commute Time 23 minutes
Housing
Total Housing Units 381,690
Households 354,739
Average Household Size 2.29
Owner-Occupied 59.3%
Multi-Family 35.8%
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 2024 822
Years at Residence
1 Year or More 86.3%
Less Than 1 Year 13.7%
Business and Employment
Private non-farm Establishments 21,087
Private non-farm Employment 529,211
Private non-farm Employment Growth down 1.0%
Nonemployer Establishments 66,999
Number of Firms 14,937
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 Area 405.91 sq. miles
Population Per Square Mile 1,977

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 7,248.27 per month $5,337.02 Principal & Interest $1,605.00 Property Tax $306.25 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
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