264 W Locust Street

    Newark, OH 43055
    • $281,600
    • STATUS: Active Under Contract
    • ON SITE: 12 days
    • MLS #: 219020931
    Under Contract
    UPDATED: 144 min ago
    $281,600
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,456
      SQFT
    • $81
      $/SQFT
    Type:
    Multi-Family
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    MULTI-FAMILY-CHECK OUT THIS INCOME PRODUCING PROPERTY! 4 unit buildings each on a separate lot being sold together with neighboring property, 272 W. Locust St. for a total list price of $281,600...Sidewalk in middle connects the buildings. So both need to sell together for one combined purchase. Both combined parcels contain a total of .39 acres. Each building contains 4, 2 bedroom units. Each have one bath * a small closet with washer & dryer hook-ups. Each building is 1728 sq. ft. 2 units need repairs before tenants can move in. There is potential to raise rents. There are some long term tenants here. Highest rent currently charged is $600/unit. If updates are made, rent could be increased.

    Monthly Payment Calculator

    © 2019 Columbus Board of Realtors MLS, Inc. All rights reserved. IDX information deemed reliable but not guaranteed. Data last updated 2019-06-24T23:51:25.893.
    www.cragerrealty.com/homes/95826882

    264 W Locust Street Newark, OH 43055

    • Price: $281,600
    • Status: Active Under Contract
    • Updated: 144 min ago
    • MLS #: 219020931
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    3,456
    SQFT
    $81
    $/SQFT
    1970
    Built
    County:
    Licking
    Area:
    Newark
    School District:
    Newark Csd 4507 Lic Co.
    Property Description
    MULTI-FAMILY-CHECK OUT THIS INCOME PRODUCING PROPERTY! 4 unit buildings each on a separate lot being sold together with neighboring property, 272 W. Locust St. for a total list price of $281,600...Sidewalk in middle connects the buildings. So both need to sell together for one combined purchase. Both combined parcels contain a total of .39 acres. Each building contains 4, 2 bedroom units. Each have one bath * a small closet with washer & dryer hook-ups. Each building is 1728 sq. ft. 2 units need repairs before tenants can move in. There is potential to raise rents. There are some long term tenants here. Highest rent currently charged is $600/unit. If updates are made, rent could be increased.
    Exterior Features

    Construction AluminumBrickFrame Lot Size Frontage 65 Lot Size Side 138 Parking Type 1 Off Street2 Off StreetOn Street

    Interior Features

    Air Conditioning Central Heat Fuel Gas Heating Forced Air

    Property Features

    2 Bedroom Units 4 Auction No Between Street1 N. 9th Between Street2 N. 10th Built Prior To1978 Yes Corp Limit Per Auditor Newark Expenses Real Estate Taxes 5580.00 For Exchange No For Sale Yes Miscellaneous W/D Hookups Multifamily Sub Type Flat New Financing Conventional Owner Pays SewerTrashWater Services Available ElectricGasSanitary SewerStorm SewerWater Tax District 054 Tax Incentive No Tax Year 2018 Taxes Yearly 2791.00 Tenant Pays ElectricityGas Township None

    Listing provided courtesy of Kyle E Hall of Century 21 Frank Frye Real Est
    © 2019 Columbus Board of Realtors MLS, Inc. All rights reserved. IDX information deemed reliable but not guaranteed. Data last updated 2019-06-24T23:51:25.893.
     
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