189 11Th St Newark, OH 43055
- Residential income homes
- 2,661 SF
- 0.20 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 189 11Th St
- Year built
- 1920
- Lot size
- 0.20 lot acres
- Property size
- 2,661 SF
- Property type
- Residential income homes
- Property subtype
- Apartment buildings
Description
This charming two-unit duplex presents a compelling investment opportunity in Newark, Ohio. Located near the city's downtown area, this 2-story, 1920-built property boasts 2,661 square feet of net rentable space, spread across two units. Each unit offers three bedrooms and one bathroom, featuring spacious kitchens, dining rooms, living rooms, and in-unit washer/dryer hookups. Unit 189 creatively utilizes the living room as a fourth bedroom. Both units benefit from two off-street parking spaces and share access to a sizable backyard. Separate utilities ensure efficient management. Unit 189 has recently undergone some updates, including a newer kitchen and kitchen flooring, as well as a new furnace. Several windows have also been replaced. The property sits on a 0.2-acre lot and offers convenient access to shopping, dining, entertainment, a hospital, and schools. Its central location provides easy access to major roadways, including SR 16, 49, 79, and 161. A partial basement and walk-up attic provide ample storage space. The asking price is $289,900, translating to $108.94 per square foot and $144,950 per unit. This property offers a strong potential for rental income and appreciation.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Licking
- State
- Ohio
- Longitude
- -82.4174
- Latitude
- 40.0607
