For Sale
$317,000

1330 Xenia AveDayton, OH 45410

High-Yield Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 8-unit apartment building, located at 1330 Xenia Avenue in Dayton, Ohio, presents a compelling investment opportunity. Built in 1920, the property sits on an 8,712 square foot lot and is offered at $317,000, translating to $45.16 per square foot. The property boasts a strong cash flow, generating nearly $22,000 in net operating income annually, with significant potential for further increases. Six of the eight units have recently undergone cosmetic updates, featuring new flooring, paint, and fixtures, enhancing their appeal and rental value. Landlord pays for water, reducing operational expenses. An offering memorandum with detailed financial statements is available upon request, providing comprehensive insight into the property's performance and profitability. This multifamily investment offers a blend of immediate income and value-add potential, making it an attractive prospect for discerning investors seeking a strong return on investment in the Dayton, Ohio market. The property is conveniently located in Montgomery County, Ohio, with the zip code 45410. This presents a rare chance to acquire a well-maintained, cash-flowing asset with room for growth in a desirable location.

Property Details for 1330 Xenia Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1920
Units
8

Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.752785
Longitude
-84.1570598
1330 Xenia Ave, Dayton, Ohio

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1330 Xenia Ave
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