246 Market ST
XENIA, OH 45385
Suburb: Xenia
$219,900
Active

Saved

UPDATED 5/8/24 INFORMATION: Located in the Carnegie Historic District of Xenia, this gorgeous 7663 SF (Greene CO. Auditor), Italianate-style brick structure was built by James B Monroe in 1864. Zoned R3 for multi-family or single family residence, many classic features remain today, including a winding staircase with a solid wood banister that goes all the way up to the floored attic, stunning wood baseboards and doors, many with transoms, ornate fireplaces (not warranted), built-in cupboards/drawers, amazing 19th century window trim, high ceilings, and hardwood floors. Recent updates include 5 new water lines (need connected at the main), newer roof, electric panels, sewer line, gas line, & water heaters. Rehab continues, but the seller is ready to move on. The property is being SOLD AS IS with NO REPAIRS & NO UPDATES. Although the listing says 6 bedrooms/6 baths, that is the POTENTIAL. Four of the apartments have two huge rooms each, but the kitchens and bathrooms are only started. The floored attic, though somewhat framed for a studio, would still be considered an attic and additional egress would be required. The attic windows are new sliding vinyl windows with screens. There is a finished apartment in the rear of the building that is currently occupied. That apartment is on a m/m lease at $500 per month. Tenants pay all utilities. Total income potential is reserved for the forward-thinking investor. HISTORIC NOTE: Construction of the current building was begun before the Civil War and then halted until the war was nearly over. Before that, the original structure (since demolished) was used as an Underground Railroad Safehouse. The structure is not on any historic registry, so updates may be made to the interior. However, because it is in the Carnegie Historic District, changes to the exterior facade need city planner approval. This is a must see investment opportunity! Bring your creative imagination and plan your next lucrative income stream.

Directions

From the center of Xenia, head north on North Detroit to RIGHT on E Market ST. The property is on the left side of the street. Since it is a one-way street, you may park in front of the building.

Property Details

General Information

Property Type Multi-Family
Style 5+ Units
Suburb Xenia
Zip Code 45385
School District Xenia City SD
MLS# 908494

Additional Information

ConstructionBrick, Vinyl
Lot Dimensions185 x 99
Total Acres0
OccupancyAt Closing
Semi-Annual Taxes$1,595.00

Property Features

BasementPartial
GarageNone
Cars0
HeatingBaseboard, Electric, Natural Gas
CoolingNone

Additional Features

AppliancesRefrigerator, Range

Multi-Family Information

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246 Market ST

XENIA, OH 45385

Photo of 246 Market ST, XENIA, OH 45385

Multi-Family: 5+ Units

Listing # 908494

Agent Remarks:

UPDATED 5/8/24 INFORMATION: Located in the Carnegie Historic District of Xenia, this gorgeous 7663 SF (Greene CO. Auditor), Italianate-style brick structure was built by James B Monroe in 1864. Zoned R3 for multi-family or single family residence, many classic features remain today, including a winding staircase with a solid wood banister that goes all the way up to the floored attic, stunning wood baseboards and doors, many with transoms, ornate fireplaces (not warranted), built-in cupboards/drawers, amazing 19th century window trim, high ceilings, and hardwood floors. Recent updates include 5 new water lines (need connected at the main), newer roof, electric panels, sewer line, gas line, & water heaters. Rehab continues, but the seller is ready to move on. The property is being SOLD AS IS with NO REPAIRS & NO UPDATES. Although the listing says 6 bedrooms/6 baths, that is the POTENTIAL. Four of the apartments have two huge rooms each, but the kitchens and bathrooms are only started. The floored attic, though somewhat framed for a studio, would still be considered an attic and additional egress would be required. The attic windows are new sliding vinyl windows with screens. There is a finished apartment in the rear of the building that is currently occupied. That apartment is on a m/m lease at $500 per month. Tenants pay all utilities. Total income potential is reserved for the forward-thinking investor. HISTORIC NOTE: Construction of the current building was begun before the Civil War and then halted until the war was nearly over. Before that, the original structure (since demolished) was used as an Underground Railroad Safehouse. The structure is not on any historic registry, so updates may be made to the interior. However, because it is in the Carnegie Historic District, changes to the exterior facade need city planner approval. This is a must see investment opportunity! Bring your creative imagination and plan your next lucrative income stream.

Driving Directions:

From the center of Xenia, head north on North Detroit to RIGHT on E Market ST. The property is on the left side of the street. Since it is a one-way street, you may park in front of the building.

This listing courtesy of McIlvaine Realty. All Information is believed accurate, but is NOT guaranteed.

Broker Reciporcity logo
The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors®. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

All information is believed accurate, but NOT guaranteed.
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