MLS#: 224024323

$449,900 USD

The details

Property features

Key features

  • Parking

Construction details

  • Year built: 1920

Other features

  • Cooling system: Window Unit(s) Central AC
  • Heating system: Forced Air

Description

Perfect opportunity to own an investment property in the beautiful downtown Newark. Located in the Special Improvement District (SID). 2 Story, 2,870 sf, well maintained 5 Unit Apartment Building features 4 Studio Units on 1st floor and 1 Bed/1Bath Unit on 2nd floor. All units offer washer/dryer hookups, off street/on street parking spaces. (4) Units currently rent for $800/ mo and (1) Unit $760 /mo. 2nd Flr Unit has long term tenant. New roof within 5 yrs, exterior paint, new windows upstairs, some replacements downstairs, (2) 1st Flr Units currently being updated. Storage shed on site. Easy access to SR 16/40/79/161 and I70/270/71.

Location

Newark, Ohio
Courtesy of Cyndi Layton CENTURY 21 Frank Frye Real Estate