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$219,900
Est. payment /mo
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226039259
Year Built 1970
Annual Tax Amount $1,558
Lot Size 5,227 Sqft
Lot Dimensions 0.12
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
Property Description
Prime turnkey investment or owner-occupant house-hacking opportunity in Newark! This solid, low-maintenance brick-and-siding two-family property features two self-contained, 1008 sq ft flat each, units (122 Cherry St Apt A and Apt B) with secure access into the building, followed by private interior entries into each individual residence on a generous, fully fenced lot. Both flats offer identical, versatile footprints featuring two spacious bedrooms, a full bathroom, a large living room, an eat-in kitchen with appliances, and dedicated in-unit laundry hookups. Key mechanical improvements include a new metal roof, new hot water tanks in both units, and separate meters with all utilities billed directly to owner/tenants. Outside, the expansive privacy-fenced yard provides rare amenities, including a raised upper-level wood deck, a large ground-level concrete patio, a cozy brick-lined fire pit, an above-ground pool with custom steps, a massive gravel driveway with abundant off-street parking, and a large detached outbuilding divided into two private storage spaces (one per tenant). With projected rents of $1,050 to $1,200 per month per unit, this duplex delivers outstanding cash-flow potential in an accessible location near Cherry Valley Road, local highways, parks, shopping, and dining. Initial showings are limited to vacant Unit B on lockbox; tenant-occupied Unit A will be available for viewing and inspections once in contract to respect tenant privacy. Schedule your private showing today to explore the opportunities at 122 Cherry Street! Attention Agents: Property is currently owner occupid with no tenants. See ATA remarks and offer instructions doc attached.
Location
State OH
County Licking
Area 0.12
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Newark Csd 4507 Lic Co.
School District Newark Csd 4507 Lic Co.
Others
Tax ID 054-281370-00.000
Acceptable Financing FHA, Conventional
Listing Terms FHA, Conventional
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Listed by Donald E Shaffer Howard HannaRealEstateServices
Nearby Locations
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