4037 Springfield Xenia Rd, Springfield, OH 45506

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.