318 W Church Street, Newark, OH 43055 (MLS# 221019620)

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Call Hugh Price, HER Realtors, at 740-404-2399 for more information or to arrange a showing.


$114,000
318 W Church Street
Newark, OH 43055
MLS# 221019620
Status: Contingent Finance and Inspection



318 W Church Street, Newark, OH 43055
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Property Description
Great opportunity for an income producing multi-unit property with great possibilities! Affordable living featuring 3 units with sizable rooms. The FF studio has been updated in 2021. Wrap-around front porch leads to the front entry w/ fresh paint, accessing 2 add'l apts. 1 unit has an, updated Kitchen w/ white cabinetry, newer bath, washer & dryer, spacious Living Rm & BR. The other unit has a private entrance with 2 ample BRs, Living Room that opens to the eating area, Kitchen & a Bath with Laundry area that includes a washer & dryer. Good parking onsite. Zoned LB - Limited Business.

Details
Maps
Location & Property Info
List Price: $114,000
List Price/SqFt: 48.93
Sub-Type: Combination
Street #: 318
Street PreDirection: W
Street Name: Church
Street Suffix: Street
County: Licking
City (Mailing Addr): Newark
State: OH
Zip Code: 43055
School District: NEWARK CSD 4507 LIC CO.
Corp LimitPerAuditor: Newark
Township: None
Office/Contract Info
Sold Non-MLS: No
Status: Contingent Finance and Inspection
List Date: 2021-06-04
For Sale: Yes
Exchange: No
General Property Info
Number of Units: 3
# of Buildings: 1
Total Parking: 5
Building Sqft: 2330
Year Built: 1908
Built Prior to 1978: Yes
Lot Size (Side): 110
Acreage: 0.13
Tax Info
Parcel #: 054-252366-00.000
Tax Year: 2020
Tax Abatement: No
Taxes (Yrly): 1429
Income/Expenses
Gross Income: 15600
Net Operating Income: 15600
Total Expenses: 3170
Efficiency
Efficiency # of Units: 1
Efficiency Month Rent Per Unit: 350
1 Bedroom
1 Bedroom # of Units: 1
1 Bedroom Month Rent Per Unit: 400
2 Bedroom
2 Bedroom # of Units: 1
2 Bedroom Month Rent Per Unit: 550
Financials
Gross Rental Income: 15600
Expenses
R.E. Taxes: 1429.36
Property Insurance: 900
Water Expense: 750
Auction Info
Auction/Online Bidding: No
Property Features
Addl Acceptance Cond: None Known
Parking Type: Common Area
Owner Pays: Sewer; Trash; Water
Tenant Pays: Electricity; Gas
Heating: Forced Air
Air Conditioning: Central
Services Available: Electric; Gas; Sanitary Sewer; Storm Sewer; Water
Miscellaneous: Basement
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided

Listing Office: HER, REALTORS

Listing Agent: Hugh Price

Last Updated: June - 22 - 2021

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Thursday 29th of July 2021 03:47 PM