Welcome to this great, rare investment 6 unit extended stay Lodge, Hotel or Airbnb in an exceptional B-3 General Business District in the City of Xenia. Landlord presently rents out on a short/long term. This property is located close to downtown, shopping, restaurants and close to the bike path. This move-in investment main floor unit #3 offers a 1 large unit with loft, 1-bedroom, full bath, living room, dining room and spacious kitchen. Unit #1, large studio living room/bedroom, kitchen, full bath. Unit #2, studio living room/bedroom, kitchen, full bath. Unit 4, 1-bedroom, living room, galley kitchen, full bath. Lower-level unit #5, 1-3 bedrooms living room, large kitchen and full bath. Unit #6 Studio living/bed, eat in kitchen, full bath. All units range, refrigerator and central units. Receptionist office area. Newer roof and windows. One outbuilding, park lot. Property being sold as-is.
Iconic Limestone church building of 14,000 sq.ft. (6,650 sq.ft. on the main level, 1,850 sq.ft. on the second floor, 5,500 sq.ft. on the lower level). There is the 3,700 sq.ft. central auditorium with mammoth windows and a soaring 40' high ceiling. It easily seats 250. And to "guild the lily", there is a raisable wall that adds another 800 sq.ft. to create a 4,500 sq.ft. space. Beneath that room is a 2,000 sq.ft. fellowship hall with two curved colonnades and surrounded by three large classrooms (bedrooms?). Adjacent to the fellowship hall is a 560 sq.ft. kitchen and a 300+sq.ft. classroom (dining room?). To address a few mechanical and structural issues, please consider the following: 1. a new sanctuary roof was installed by Copeland Roofing last year at a cost of $22,000. 2. there are four newer HVAC systems (gas forced air w/ central air). 3. there are 5 exterior entry doors allowing for imaginative floorplan design. 4. the zoning for the property is R-3 which would allow for anything from single family to 19 units.
Well maintain brick income producing investment. 8581 sq. ft. that consist of six units and one studio apartments building with Gross Operating Income of $81,000.00. Remodeling within the last few years. 4 units - 2 bedrooms, 1 bath rents $875-$975, unit 5 - 4 bedrooms, 1 bath, rent $1385.00, 1 unit - 1 bedroom, 1 bath, rent $975.00, 1 studio, rent $752.00. All units have living room, dining room, galley kitchen. Coin operated washer/dryer in basement. Landlord pays gas, water, sewer, trash. Tenants pay electric. Off street parking. Curbside offers until seller receive an accepted contract. Walk through within 24-hour notice to tenant. Property being sold as-is.
This big bad Historical beast on West 2nd Street in Downtown Xenia is begging for your personal beautification. Button up your work pants and bring these Four massive 1-Bedroom units back to life. Each boasts original trims, doors and much more. Equipped with historical radiant heat that is still operational, allowing for instant availability to begin rehabbing even in the winter. With a large backyard and close proximity to local shops and parks, it's an ideal choice for anyone seeking comfort and convenience. Note, the 1st floor bathroom damage is stemming from a 2nd floor unit toilet leak that was already stopped. Outside this bathroom, you have instant ability to either fix and rent or you can gut it and fully renovate the property to seek highest and best rents. A large detached garage is on the property. The garage previously had it's own electric meter but that was removed by previous ownership. Options galore to maximize income and the units are large enough you could possible reconfigure for extra bed counts. The choice is yours!
Priced to sell, don’t let this one pass you by. Cash flowing duplex brings in $600 a month in downstairs unit with 2 bedrooms and one bath. Long-term tenant in this unit, so there is room for a rent increase. The other two bedroom is vacant ready to be owner occupied or to rent. This unit is expected to rent for $850. Both units have washer dryer hook-up. Call today for your personal showing.
Another great opportunity! This cash flowing duplex brings in a total of $1595 a month. Downstairs two bedroom unit was rehabbed in 2023 bringing in $850 a month. Upstairs unit is subsidized housing bringing in $745 per month with a long-term tenant. Downstairs unit has W/D hook-up. Price to sell, don’t let this one pass you by. Back on the market buyer got cold feet Call today for your personal showing.
An investor’s DREAM. Section 8 friendly! This charming triplex features three 1-bedroom, 1-bath units, with units 1 and 2 recently remodeled to include modern upgrades. Both updated units showcase sleek white shaker cabinetry, stainless steel appliances, and a custom tile backsplash. Durable laminate flooring runs throughout, adding a clean, contemporary feel. Additionally, the property includes a one-car garage, offering convenience for tenants. This property is ideal for both new and seasoned investors looking to expand their portfolios. All leases are up in February.
Fantastic six unit investment opportunity in downtown Xenia with over 6700 square feet of living space! Property consists of one efficiency ($600), four two-bedroom units ($700, $800, $700 and $600), and one vacant four bedroom with the opportunity for an additional $1,300 collected monthly (four bedroom currently being renovated)! That's $4700 in gross monthly operating income! Newly painted exterior and new flooring throughout both buildings.
Xenia is located in Ohio. Xenia, Ohio has a population of 25,411. Xenia is less family-centric than the surrounding county with 26.58% of the households containing married families with children. The county average for households married with children is 30.44%.
The median household income in Xenia, Ohio is $48,868. The median household income for the surrounding county is $75,901 compared to the national median of $69,021. The median age of people living in Xenia is 38.9 years.
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 40.9 inches per year, with 17.7 inches of snow per year.