$195,000
 $1,047 est/mo Sourced by Back At You

47 S 6th Street,Newark, OH 43055

Newark, OH 43055

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Description

ATTN: MULTIPLE OFFERS. SUBMIT HIGHEST AND BEST BY SATURDAY AUGUST 8 at 3PM. Turnkey investment opportunity! Fully occupied and HUD-inspected duplex featuring a 3-bedroom, 1-bath upper unit and a 3-bedroom, 1-bath lower unit, both extensively renovated in 2025 for new tenants. Recent updates include a new upper flat roof membrane, updated windows, remodeled kitchens and bathrooms, updated electrical wiring, updated plumbing, and high-efficiency baseboard heaters. The property currently generates $2,550 per month in gross rental income. Owner pays water, while tenants are responsible for electric and trash. This well-maintained property offers immediate cash flow with many major capital improvements already completed, making it an excellent addition to any investment portfolio. Please do not disturb tenants. A minimum of 24 hours' notice is required for all showings. Listing agent is the managing member of the owning entity.

Details

MLS #226029604
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site38
Listing Provided ByBerkshire Hathaway HS Pro Rlty | Jerry J Adkins

Features

Units2
Acreage0.15

Taxes

Property1082

Area Information

StateOH
CountyLicking
CityNewark
Zip Code43055
School DistrictNEWARK CSD 4507 LIC CO.
High SchoolNEWARK CSD 4507 LIC CO.
Listing VS Median (in 43055)
Price:
$195,000
low | high
Med:
$250,000
21.794871794872% of Average
On site:
38
low | high
Med:
22
100% of Average
Sourced by Back At You

Market Activity 43055

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Additional Information


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Learn More About This Property

StateOH
CountyLicking
CityNewark
Zip Code43055
School DistrictNEWARK CSD 4507 LIC CO.
High SchoolNEWARK CSD 4507 LIC CO.
Listing VS Median (in 43055)
Price:
$195,000
low | high
Med:
$250,000
21.794871794872% of Average
On site:
38
low | high
Med:
22
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $146K - $243K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
17 Western Avenue Property Photo 1
$109,777
17 Western Avenue
Newark, OH 43055
68 W Church Street, Lower Level Suite 1 Property Photo 1
$350
68 W Church Street, Lower Level Suite 1
Newark, OH 43055
Listing Updated: August 14, 2026 at 4:45:47 PM PDT