51 North StNewark, OH 43055

This exceptional five-unit apartment building, located at 51 E North Street in Newark, Ohio, presents a compelling investment opportunity. Built in 1918 and situated on a 6,098.4 square foot lot, the property boasts a desirable location near the upcoming Intel plant, promising strong rental demand. The asking price is $275,000, translating to $108.87 per square foot. Each of the five units features one bedroom and one bathroom. Extensive renovations have been completed, including new paint throughout, new flooring, updated plumbing, new hot water tanks, and a brand-new roof. The exterior has also received a fresh coat of paint. Individual gas meters for each unit offer efficient utility management. Currently vacant, this property allows for immediate implementation of your rental strategy and the potential for maximizing rental income due to high market rents. The property is easily accessible for showings, making due diligence a straightforward process. This is a turnkey investment ready for immediate cash flow. Don't miss this chance to acquire a profitable multifamily property in a rapidly growing area.