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Description:

Attention investors and flippers! This single-family home in Newark, OH offers an excellent fix and flip opportunity. Located in a vibrant and historically rich community, Newark is known for its welcoming atmosphere, economic growth, and diverse cultural offerings. This property is situated in a neighborhood experiencing positive developments and offers great potential for a high return on investment (ROI).

Investment Highlights:

• ROI Potential: Newark's real estate market is stable, with homes in the area selling between $120,000 and $200,000 after renovations. The property’s strategic location and the area's rising property values suggest a strong return on investment.
• Market Demand: Newark has a population of approximately 50,000 and is known for its community events and attractions. The demand for updated, move-in-ready homes is strong, driven by the city’s charm and community offerings.
• Area Developments: The city has seen significant infrastructure improvements and boasts a strong sense of community. The presence of local businesses and educational institutions supports a stable economic environment, enhancing property values.

Key Features:

• Location: Newark, OH
• Type: Single-family home
• Flip Potential: High, with recent sales in the area supporting strong resale values
• Area Highlights: Convenient access to amenities, ongoing infrastructure improvements, and a vibrant community atmosphere
• Investment Opportunity: Ideal for investors and flippers looking to add significant value through renovation

Distances to Key Locations in Newark, OH:

• Downtown Newark: Approximately 0.5 miles, featuring a variety of shops, restaurants, and historic sites.
• Shopping Centers: Various local shops and grocery stores are within 1 mile, offering all essential amenities.
• Hospitals: Licking Memorial Hospital is about 1.2 miles away, providing comprehensive medical services.
• Schools: Newark City Schools, including Newark High School, are within 1 mile, ensuring access to quality education.

Nearby Attractions:

• Newark Earthworks: One of the most significant ancient Native American structures, ideal for history enthusiasts and picnics​ (Hometown Locator)​.
• Licking County Historic Jail: Offers unique tours and paranormal adventures​ (The Tourist Checklist)​.
• Buckeye Shooting Center: An ultra-modern indoor shooting range for both novice and expert shooters​ (The Tourist Checklist)​.
• Barrel & Boar Newark: A popular restaurant known for its smoked meats and local beers​ (The Tourist Checklist)​.

Explore the photos to see the current condition and imagine the future possibilities. Take advantage of this prime fix and flip opportunity in Newark’s growing market!

About Newark, OH:

Newark is a city with a strong sense of community, rich history, and beautiful natural surroundings. It offers a peaceful, close-knit community with affordable living costs and convenient access to necessary services. The city is surrounded by stunning landscapes, perfect for outdoor enthusiasts, and provides a variety of local events and festivals that foster community spirit.