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.
General Information
Property Type
Residential Income
Style
Apartment
County
Hamilton
Subdivision
Silverton
Zip Code
45236
School District
Cincinnati City SD
Listing Number
1875802
Property Features
Basement
Full
Parking
Lot, Onstreet, Asphalt
Windows
Vinyl
Heating
Gas, Forced Air
Cooling
Central Air
Fireplace
Inoperable
Multi-Family Information
Total Units
9
1 Bedroom Units
3
2 Bedroom Units
3
Heat Paid
Tenant
Separate Gas & Elec
Yes
Separate Furnace/AC
Yes/Yes
Additional Information
Levels
Three+
Construction
Brick
Gas
Natural
Water
Public
Sewer
Public Sewer
Foundation
Stone
Occupancy
At Closing
Semi-Annual Taxes
$9,630.00
Additional Features
Other Features
Coin Laundry
Request more info about this property:
This listing courtesy of Andrew D Willoughby (937-470-8195), eXp Realty (866-212-4991). All Information is believed accurate, but is NOT guaranteed.
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