Nick Knowles

4037 Springfield Xenia Road, Springfield, OH 45506

$405,000
  • 4037 Springfield Xenia Road, Springfield, OH 45506 Main Photo

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New to the Market Active
BEDS9 BATHS9 full SQUARE FEET5,268 MLS#1047751
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMrs SCHOOLGreenon

Property Description

Rare opportunity to own nine individually-built cottages on 1.74 acres in Green Township, minutes from Yellow Springs, Glen Helen, and John Bryan State Park, in the Greenon Local School District. At roughly $45,000 per cottage, this offers a per-door price well below the cost of the least expensive single-family home in the area -- a rare entry point for investors and owner-occupants alike. Nine separate structures mean nine separate income streams, and professional property management is already in place for a turnkey start. Current rents sit below market, offering room to grow income as leases turn over. Ideal for an investor seeking diversified scattered-site cash flow, or an owner-occupant who lives in one cottage while renting the other eight. Private well and individual septic systems; sold as-is, buyer to verify all information. Do not disturb tenants -- curb/exterior viewing only, offers based on financials and drive-by inspection.

4037 Springfield Xenia Road | MLS# 1047751

This multi-family property located at 4037 Springfield Xenia Road, Springfield, OH 45506 is currently listed for sale with an asking price of $405,000. Springfield Xenia Road is located within the Greenon school district. Search Springfield real estate on nickknowles.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Garage: No Garage
Heating: Electric, Propane
Lot Size: 1.74 Acres
Stories: 1.0
Taxes: $6,277
Year Built: 1950

Feature Descriptions

Days on Site: 2
Exterior: Aluminum Siding, Vinyl Siding
Lot: Residential Lot
Lot Dimensions: 1.74
Parcel ID: 1001100012200022
Sewer: Public Sewer
Special Features: Bath 1st Floor, Bed 1st Floor
Utilities: Sewer Connected
Water: Well
Zoning: Residential

Local Schools

School District: Greenon

Listed By / Shown By

Listed By

Agency Name: Roost Real Estate Co.
Agent Name: Tina Bleything
Agency Phone: (937) 390-3715

agent picture

Shown By

Agent Name: Nick Knowles
Agent Phone: (419) 574-1378
Agency Title: Key Realty

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Estimated Payment

$ 2,906.66 per month $2,265.46 Principal & Interest $523.08 Property Tax $118.13 Homeowner's Insurance

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