$645,000
$699,900
7.8%For more information regarding the value of a property, please contact us for a free consultation.
1660-1664 King Road Newark, OH 43055
6.18 Acres Lot
Key Details
Sold Price $645,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 224027233
Sold Date 02/27/25
Year Built 2009
Lot Size 6.180 Acres
Lot Dimensions 6.18
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
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.
Location
State OH
County Licking
Area 6.18
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 054-286314-00.000
Acceptable Financing Conventional
Listing Terms Conventional
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