GREAT INVESTMENT OPPORTUNITY!! 9 Unit property has had 250k in improvements over the last 6 months. 3 brand new units, 4th unit currently being fully renovated and 3 other units have been renovated in the last 2 years. A total of 280k invested. Upstairs-Apt A - 3 bedroom, Apt B - 1 bedroom , Apt C - 3 bedroom , APT D -1 bedroom, Apt E - 1 bedroom. Main floor - Apt F - 3 bedroom, Apt G- 1 bedroom, Apt H- 1 bedroom and Apt I- 1 bedroom. Monthly rents are Apt A- $1200, Apt B- $1065, Apt C- Vacant will be $1200,Apt D-Vacant, Apt E- $725, Apt. F - $1300, Apt. G - $1100, Apt. H - $1100 and Apt. I - $1100. Extensive renovations and upgrades have been done throughout the building including electrical, plumbing and other upgrades. Parking lot at 40 North St. is included with this prop
For sale: A portfolio of 6 single-family rental properties, all situated in Newark, Ohio. Address are: 27 Decrow Ave, 662 Evans Street, 73 Curtis Ave, 87 Decrow Ave, 65 Maholm Street,39 N. Morris Street These units are under the care of professional management and feature stable leases. Currently accepting curb offers only, with no scheduled showings. Once an offer is accepted, buyers will have the opportunity to tour the properties. Financials are available with signed NDA.
This beautifully updated duplex offers two units, each with unique features. Unit 225 boasts three bedrooms, first floor laundry, and exposed historical brick, while Unit 223 offers two bedrooms, natural light, and a covered front porch. Both units have brand new central air conditioning and heating, along with an eat-in kitchen and one full bathroom. Enjoy the convenience of a large fenced backyard and the potential for a multi-family home or income property. Don't miss the opportunity to see this charming and well-maintained duplex!
Here is an excellent investment opportunity with a cap rate approaching 10% generating right at $1940 per month for both units with a cap rate approaching 10%. The 2 bedroom unit has a long term tenant, the 1 bed unit to be vacant at the end of August. The downstairs unit is 2 bedrooms, 1 bath, with soaring ceilings and plenty of windows for beautiful natural light. This unit is currently occupied. Upstairs unit is 1 bedroom, 1 bath, a large family room and quaint kitchen! This is a great investment property for anyone looking to get into rentals or to add to your portfolio! Curb offers only with walk-thru within 48 hours of contract, call your agent today!
This investment property is a fantastic opportunity for a buyer looking to expand their real estate portfolio. With a total of four units already on the property, there is an existing rental income stream. Each unit is well-maintained and offer clean functional floorplans with modern kitchens. The property has the potential for further development, with the ability to build additional units or amenities. This provides the investor with the opportunity to increase the property's value and generate even more rental income. The location of the property is ideal, with easy access to highways, shopping centers, and schools, making it attractive to potential tenants.In addition to the existing units, the property also features ample parking space.
Cash Cow near upcoming Intel plant. 5 one bed, one bath units with all the heavy lifting done. New paint, new floors, new plumbing, new hot water tanks, new roof, and freshly painted exterior. Separate gas meters . High market rents . House is vacant waiting for your finishing touches. Easy to show.
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.
Great Investment Opportunity is waiting in an excellent location near Downtown Newark! Nicely maintained 2 Story Duplex, each side featuring 3 Bed/1 Bath, spacious entry level kitchen, dining room, living room, and washer/dryer hookups. Unit 189 uses living room as 4th bedroom. Partial basement and walkup attic used for storage. Both units have 2 off street parking spaces as well as an expansive back yard. Separate utilities. Unit 189 has newer kitchen and kitchen flooring, and furnace. Some windows have been replaced.Centrally located near shopping, dining, entertainment, hospital, and schools. Easy access to SR 16/49/79/161.
Duplex-downstairs is 2 bedrooms and 1 bath. Upstairs is 1 bedroom and 1 bath. Off street parking in driveway and in the back. Each unit has separate water, gas and electric meters. Downstairs has gas furnace and central air. Upstairs has gas heater and window air. Easy to turn back into a single family home and potential for more bedrooms.
Perfect for investors or an owner occupant. This is a fantastic opportunity to own a cash flowing, updated duplex close to all the amenities that Newark has to offer. Each unit is has 2 bedrooms and 1 bathroom. Unit 326 has been fully updated with new paint, kitchen remodel, new appliances, updated light fixtures, HVAC, bathroom vanity, new flooring, and more. New windows upstairs, with an attic that has been recently insulated.
Check out this great investment opportunity that could use some TLC. Brick exterior duplex, very quiet location with great long terms tenants. 122 Western 3 bedroom townhouse $1245 tenant pays water, gas, electric. 124 Western 3 bedroom townhouse $1245 tenant pays water, gas, electric. Both townhomes have basement, covered front and rear porches. Both units rent was increased effective 07/01/24 to $1245.00
Offered for sale is the investment opportunity of a lifetime! A rare find and the chance to own a property where very few like it exist! This three unit apartment building sits at the end of a quiet road in the small village of Hanover. The demand to live in the area is very high, and with the forecasted growth there is no better time to buy. The building is all brick and very low maintenance. It's an easy walk to pizza, ice cream, dr's office, store, bike trail and Legacy Park! Set up your private showing today!
Newark is located in Ohio. Newark, Ohio has a population of 48,640. Newark is less family-centric than the surrounding county with 27.48% of the households containing married families with children. The county average for households married with children is 31.02%.
The median household income in Newark, Ohio is $40,129. The median household income for the surrounding county is $59,747 compared to the national median of $57,652. The median age of people living in Newark is 36.9 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 40.6 inches per year, with 18.4 inches of snow per year.