189 11Th StNewark, OH 43055

For Sale
$289,900

Two-unit duplex, excellent location, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
93
This charming two-unit duplex presents a compelling investment opportunity in Newark, Ohio. Located near the city's downtown area, this 2-story, 1920-built property boasts 2,661 square feet of net rentable space, spread across two units. Each unit offers three bedrooms and one bathroom, featuring spacious kitchens, dining rooms, living rooms, and in-unit washer/dryer hookups. Unit 189 creatively utilizes the living room as a fourth bedroom. Both units benefit from two off-street parking spaces and share access to a sizable backyard. Separate utilities ensure efficient management. Unit 189 has recently undergone some updates, including a newer kitchen and kitchen flooring, as well as a new furnace. Several windows have also been replaced. The property sits on a 0.2-acre lot and offers convenient access to shopping, dining, entertainment, a hospital, and schools. Its central location provides easy access to major roadways, including SR 16, 49, 79, and 161. A partial basement and walk-up attic provide ample storage space. The asking price is $289,900, translating to $108.94 per square foot and $144,950 per unit. This property offers a strong potential for rental income and appreciation.

Highlights

  • $289,900 asking price for this multifamily investment property.
  • 2-unit duplex in Newark, OH, totaling 2,661 square feet.
  • Located on a 0.2-acre lot with 4 parking spaces.
  • Built in 1920, this two-story building offers 3 bedrooms and 1 bath per unit.
  • Each unit features a kitchen, dining room, living room, and washer/dryer hookups.

Property Details for 189 11Th St

Property type
Multifamily properties, Apartment buildings
Square Feet
2,661 SF
Year Built
1920
Buildings
1
Stories
2
Lot Size (sq. ft)
8,712 SF
Units
2

Location Insight

City
Newark
County
Licking
State
Ohio
Latitude
40.060661
Longitude
-82.4173977
189 11Th St, Newark, Ohio

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189 11Th St
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