51 E North Street, Newark, OH 43055

Building Details

Year Built

1918

Listing office Red 1 Realty

Listing date Oct 27, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Red 1 Realty

Report an issue

---

Overview

This multifamily property features five one-bedroom units. The property is described as ready for rent, with similar units in the area renting for $800-$1000. The property has separate gas meters and includes many new upgrades, presenting a potential cash flow opportunity.

Suggested Use

Dental Office Skin Care Clinic Parking Lot & Garage Nursing Home Grocery & Convenience Store Grocery & Convenience Store Acupuncture Spa & Massage Center Clothing & Fashion Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Newark

County

Licking

State

Ohio

Longitude

-82.405923

Latitude

40.069376

Nearby Similar for Sale

• 

  $549,900

  2,576 SF

  Retail Carryout with Beer & Wine Permits

  Includes a commercial building and established carryout business with attached pizza and sub shop tenant income.

  340 Mount Vernon Road, Newark, OH 43055

  View Details
• 

  $129,900

  1,800 SF

  Downtown Newark Turn-Key Retail Business

  Profitable retail food business in a vibrant downtown location.

  4 N Park Place, Newark, OH 43055

  View Details
• 

  $549,900

  2,576 SF

  Retail Carryout Restaurant with Permits

  For sale as a combined real estate and operating carryout business with attached tenant space and beer and wine permits.

  340 Mount Vernon Road, Newark, OH, OH 43055

  View Details
• 

  $380,000

  Three-Story Brick Duplex with Additional Lot

  Two 2-bedroom units, each with full bath and garage, plus an extra lot for expansion or recreation.

  399 Merchant Street, Newark, OH 43055

  View Details
• 

  $290,000

  Side-by-Side Duplex Income Property

  Updated duplex with separate utilities and leased 2 to 3 bedroom units, plus rear garage space for each unit.

  114-116 Maholm Street, Newark, OH 43055

  View Details
• 

  $825,000

  7,368 SF

  Functional Flex Space in Newark

  Move-in ready flex space with warehouse and office areas.

  1987 Coffman Road, Newark, OH 43055

  View Details
• 

  $2,515,000

  10,242 SF

  CVS NNN Investment Opportunity

  Long-term CVS lease with corporate guaranty in Newark, OH.

  955 N 21st St, Newark, OH 43055

  View Details
• 

  $585,000

  Newark Residential Portfolio Opportunity

  Residential portfolio in Newark with recent capital improvements.

  Newark, OH 43055

  View Details
• 

  $2,750,000

  2,000 SF

  Retail Space on Deo Drive

  2,000 SF retail space with high visibility.

  238-305 Deo Dr, Newark, OH

  View Details
• 

  $850,000

  13,648 SF

  Versatile Commercial Property on 2.89 Acres

  Prime commercial property with 7 units, ample parking, and features.

  15 E National Drive, Newark, OH 43055

  View Details
• 

  $1,231,430

  9,000 SF

  NNN Leased Family Dollar Store

  NNN leased Family Dollar with 9+ years remaining.

  189 W Main St, Newark, OH

  View Details
• 

  $1,550,000

  34,880 SF

  Multi-Tenant Office Building

  Fully leased multi-tenant office building with scheduled parking lot asphalt improvements supporting day-to-day usability.

  195 Union Street, Newark, OH 43055

  View Details

FAQs

What type of property is this?

Apartment building - Multifamily property featuring five one-bedroom units, ready for rent.

Where is this apartment building located?

The property is located at 51 E North Street Newark, OH.

What is the asking price?

The asking price for this property is $315,000.

What are key features of this property?

This property features: Ready for rent, generating immediate cash flow.; Multifamily property with 5 individual units.; Each unit has 1 bedroom.