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Property profile & analytics
OFF-MARKET
Residential income homes

27 Decrow Ave Newark, OH 43055

Built 1935
Property ID
US66-0637403
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of six single-family rental units located in Newark, Ohio. The properties, situated at 27 Decrow Avenue, 662 Evans Street, 73 Curtis Avenue, 87 Decrow Avenue, 65 Maholm Street, and 39 N. Morris Street, are currently managed professionally, ensuring stable lease agreements. The asking price for this portfolio is $824,000, translating to a price per square foot of $750.46. The main property at 27 Decrow Avenue is an apartment building constructed in 1935 and sits on a 3,484.8 square foot lot. This multifamily investment offers a compelling return on investment due to the existing stable tenancy. Currently, curb offers are being accepted, and showings will be arranged upon acceptance of an offer. Detailed financial information is available upon execution of a non-disclosure agreement (NDA). This is a rare opportunity to acquire a well-managed, six-unit rental portfolio in a desirable Ohio location. The properties are conveniently located in Newark, OH, zip code 43055, within Licking County. This turnkey investment is ideal for seasoned investors seeking immediate cash flow and long-term appreciation. Don't miss this chance to expand your real estate portfolio with this profitable multifamily offering.

Property profile
Verified
Property type Residential income homes
Year built 1935
UPID US66-0637403
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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