Great Buy and Hold Duplex in Newark, Ohio!

Licking County, Newark, OH, 43055
Sold
Listed at: February 17th, 2020
Price
$36,900
ARV
$55,000
Gross Margin
$18,100
Sq. Footage
3340
Type
Multifamily
Parking
On street
Year build
1900
Lot size
0.40 acres
Bedrooms
3
Bathrooms
1.0
Half Bathrooms
0
Summary

This Duplex is a great buy and hold. It has 3 Beds & 1 Bath. The downstairs has the possibility for a 4th Bedroom. The upstairs is a 1 Bed 1 Bath apartment with a tenant, In total it has 4 Bedrooms and 2 Bathrooms. 3,340 total sqft. The tenant in the upstairs apartment is willing to stay and currently pays $800 a month.


The building was converted from a store to a duplex in 2014.


Updates: Repainted the interior of the house recent, put in new carpet, new toilet & vanity, kitchen updated, new plumbing in basement, New Roof over the apartment but not the main house.


Repairs: Unfinished basement, Original roof over the rest of the house, leaks in the unfinished room, Needs new roof on the rest of the house.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Nick Perry

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