Address
34 W Church Street Newark, OH
Price
$ 498,900
Property Attributes
  • MLS#221003259
  • TypeMulti-Family
  • CountyLICKING
  • CityNewark
  • Zip43055
  • StyleMidrise
  • Year Built1890
  • Taxes$ 2577
  • Price$ 498,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5860
  • Lot Size2,178 SqFt
Listing Provided Courtesy Of:
Rick E Starr with Experience Matters, LLC
Data Source:
Columbus and Central Ohio Regional MLS
Property Description

Terrifics Investment Opportunity in Central Ohio. 12 Unit Apartment Building.Each unit will rent from 795mo to 995mo. Plenty of nearby city parking. Property to be Purchased AS IS and will require demo and complete rebuilt, which rehab will be appx 425k. ARV of this property is appx. 1.75mThe City of Newark offers appx 12 Year Tax Abatement on this property. This property was in contract but buyers loan was denied so its back on the market and ready for you. Projected Monthly income of $10,740.00Investment 375k Purchase + 425k Rehab = 800k Investment.After Rehab Valuation is 1.3m Buyer to provide architectural plans.

Price History
2/4/2021 Listed $375,000

General Features

Building Sqft 5860.00
Built Prior To 1978 Yes
County Licking
Days on Market 90
Heating Forced Air
Listingmembername Rick E Starr
New Financing Conventional, Land Contract, Owner
Number of Units 0.00
Property Type C
School District NEWARK CSD 4507 LIC CO.
Status Active
Street Name Church
Tax District 054
Tax Year 2019
Taxes (yrly) 2577.00
Township None
Type Midrise
Year Built 1890
Year Remodeled 2017

Interior Features

Heating Fuel Gas

Exterior Features

Latitude 40.058967
Longitude -82.404627
Acreage 0.05
Lot Size (front) 20
Lot Size (side) 99

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 43055

Price
AVG $230K
$500K
Taxes
AVG $1,885
$2,577
Visits
AVG 54
160
Year Built
AVG 1895
1890

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