1855 Cherry Valley Rd Newark, OH 43055

This exceptional investment opportunity presents two single-family homes situated on a 0.35-acre lot in Newark, Ohio. The property boasts a total of 3,255 square feet, encompassing a two-story, 2,007-square-foot home with four bedrooms and two bathrooms, and a one-story, 1,248-square-foot ranch-style home, also featuring four bedrooms and two bathrooms. Both homes have undergone renovations in 2024, including updated windows, flooring, and paint. The two-story home includes a large living/kitchen area, spacious dining/den/office, a partial basement, a fenced yard, and off-street parking. The ranch-style home offers an open kitchen/dining/living room, a fenced yard, a shed, and off-street parking. Each unit currently generates $1,200 in monthly rent. Conveniently located near major roadways (SR 16/40/79/161), the property enjoys proximity to dining, shopping, entertainment, a hospital, schools, and is within 20 minutes of Intel. An easement ensures property access. One home is currently vacant and ready for immediate occupancy, while the other is occupied by a long-term tenant. The seller pays water/sewer