Newark, OH 43055

$585,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$585,000
Price Change
▼ $14,900 1777173406
Year Built
1900
MLS#
226012519
Status
ACTIVE
Acres
0.53

Property Description

Rare opportunity to acquire a fully assembled residential portfolio in a convenient Newark location. This package includes five properties consisting of one 2-bedroom single-family home, two 3-bedroom single-family homes, and one duplex (two 2-bedroom units)--offering a strong mix of unit types to attract a broad tenant base. The portfolio has seen significant recent capital improvements, reducing near-term maintenance exposure: New roofs installed in 2023 across the properties Furnaces replaced in 2025 at 185 and 189 Clinton St Interior upgrades completed at 185 and 189 Clinton St, including new vinyl flooring and fresh paint (2025-2026) These updates enhance both tenant appeal and operational efficiency, positioning the assets for stable occupancy and rental growth. With multiple income streams and a diversified unit mix, this package is ideal for investors seeking scale, cash flow, and long-term appreciation in the growing Newark market.

Additional Information

Heating
Forced Air
School District
Newark Csd 4507 Lic Co.
Tax Year
2025
Yearly Taxes
4745

Listing Courtesy of : Kristen Du Kidder ---- Red 1 Realty

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks