Linda Beachy - DarbyView Realty Logo
$1,595,000
 $8,562 est/mo Sourced by Back At You

376 Hudson Avenue,Newark, OH 43055

Newark, OH 43055

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Description

This excellent investment opportunity features a 14-unit all encompassing garden-style apartment building, with one parking lot, one building, roof, waterline, etc. This property is situated on a ±0.43-acre lot in Newark, Ohio, comprising of seven upper-level units and seven main-level units. Each one-bedroom, one-bathroom layout includes comfortable living and kitchen spaces, with many units recently updated. The property benefits from strong, stable demand driven by four long-term military tenants and five tenants utilizing guaranteed-rent LMHA assistance, delivering reliable cash flow. Operational efficiency and tenant convenience are further enhanced by professional lawn care, street parking alongside 20 on-site rear spaces, and valuable on-site amenities including a laundry facility and downstairs storage units that generate an additional income stream (with the Jetz laundry contract running through August 2027). The property boasts solid maintenance history, featuring five water tanks and four AC units replaced within the past three years. (Note: Sales are conducted via curb offers only--please respect tenant privacy and do not disturb occupants.)

Details

MLS #226039517
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1965
Days On Site10
Listing Provided ByBest Corporate Real Estate | Valerie Tivin

Features

Units14
Building(s)1
ZoningResidential
Acreage0.43

Taxes

Property9655

Area Information

StateOH
CountyLicking
CityNewark
Zip Code43055
Community NameHistoric Hudson District
School DistrictNEWARK CSD 4507 LIC CO.
High SchoolNEWARK CSD 4507 LIC CO.
Listing VS Median (in Historic Hudson District)
Price:
$1,595,000
low | high
Med:
$0
On site:
10
low | high
Med:
Sourced by Back At You

Market Activity 43055

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Contact

Learn More About This Property

Linda Beachy

Linda Beachy

DarbyView Realty

 (614) 581-4157linda@darbyview.com
StateOH
CountyLicking
CityNewark
Zip Code43055
Community NameHistoric Hudson District
School DistrictNEWARK CSD 4507 LIC CO.
High SchoolNEWARK CSD 4507 LIC CO.
Listing VS Median (in Historic Hudson District)
Price:
$1,595,000
low | high
Med:
$0
On site:
10
low | high
Med:
Sourced by Back At You
Listing Updated: October 23, 2026 at 12:19:08 PM PDT

Linda Beachy - DarbyView Realty