$725,000
16601664 King Road Newark, OH 43055
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$725,000
Est. payment /mo
6.18 Acres Lot
Active Under Contract
16601664 King Road Newark, OH 43055
UPDATED:
11/11/2024 07:43 PM
Key Details
Property Type Multi-Family
Sub Type Combination
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 224027233
Originating Board Columbus and Central Ohio Regional MLS
Year Built 2009
Lot Size 6.180 Acres
Lot Dimensions 6.18
Property Description
This investment property is a fantastic opportunity for a buyer looking to expand their real estate portfolio. With a total of four units already on the property, there is an existing rental income stream. Each unit is well-maintained and offer clean functional floorplans with modern kitchens. The property has the potential for further development, with the ability to build additional units or amenities. This provides the investor with the opportunity to increase the property's value and generate even more rental income. The location of the property is ideal, with easy access to highways, shopping centers, and schools, making it attractive to potential tenants.
In addition to the existing units, the property also features ample parking space.
In addition to the existing units, the property also features ample parking space.
Location
State OH
County Licking
Area 6.18
Rooms
Dining Room No
Interior
Heating Forced Air
Cooling Central
Equipment No
Exterior
Garage Attached Garage
Garage Yes
Others
Tax ID 054-286314-00.000
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Hugh H Price Howard HannaRealEstateServices