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311 Clinton Street Newark, OH 43055

Multi Unit - Multiple MLS 224043707 Sold New to the Market
Closed 450000
  • 311 Clinton Street , Newark, OH 43055 Photo 1
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Listed By

Agency Name: RE/MAX Revealty
Agency Phone: 614-505-7438
Agent Name: Jeffery Allen Roelle

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Seize this incredible investment opportunity with a newly renovated and well-maintained double duplex! This property features four individual units, each offering two bedrooms and one bathâ??a perfect setup for steady rental income.All four units are currently occupied, ensuring immediate cash flow. Each unit has been extensively updated with new windows, siding, plumbing, electrical, mechanicals, and modern interior finishes, while still retaining charming original woodwork for a timeless appeal.At the rear, tenants and guests enjoy a spacious shared parking lot, with additional street parking available in front.Whether you're a seasoned investor or just starting, this turnkey property offers a hassle-free investment with strong returns

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 42
Heating: Forced Air
Lot Size: 0.12 Acres
Taxes: $1,321
Year Built: 1885

Feature Descriptions

Parcel #: 054-280320-00.000
Utilities: Water Available, Natural Gas Available, Electricity Available

Local Schools

School District: NEWARK CITY

Demographics

Licking County Demographic Information for
Fips
Fips Code 39089
Population
2020 to 2025 Change up 4.0%
2010 Count 166,492
2020 Count 178,519
2025 Estimate (V2025) 185,564
2020 Estimate (V2025) 178,513
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 22.3%
18 to 64 54.3%
65 and Older 18.2%
Gender
Male 49.4%
Female 50.6%
Place of Birth
Foreign 4.6%
US 95.4%
Education
High School Graduate, Age 25+ 93.5%
Bachelor's Degree or Higher, Age 25+ 29.3%
Computer and Internet use
Households with a computer 95.2%
Households with a broadband Internet subscription 92.4%
Language
English is Second Language, Age 5+ 6.8%
English is First Language, Age 5+ 93.2%
Veterans
Veterans 11,370
Income
Per Capita Income $42,609
Median Household Income $84,426
People in Poverty 9.2%
Commute
Average Work Commute Time 27 minutes
Housing
Total Housing Units 73,313
Households 68,620
Average Household Size 2.60
Owner-Occupied 73.7%
Multi-Family 17.2%
Owner-Occupied Median Value $275,200
Median selected monthly owner costs -with a mortgage $1,693
Median selected monthly owner costs -without a mortgage $631
Median gross rent $1,078
Building Permits
New Private Housing Issued 2024 156
Years at Residence
1 Year or More 90.7%
Less Than 1 Year 9.3%
Business and Employment
Private non-farm Establishments 3,277
Private non-farm Employment 77,088
Private non-farm Employment Growth up 2.2%
Nonemployer Establishments 13,733
Number of Firms 2,336
Business Production
Value of Shipments $3,385,197,000
Wholesale Trade $967,362,000
Retail Trade $2,497,946,000
Retail Sales Per Capita $14,653
Accommodation and Food Services $240,471,000
Land
Land Area 682.50 sq. miles
Population Per Square Mile 244

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,528.63 per month $2,287.30 Principal & Interest $110.08 Property Tax $131.25 Homeowner's Insurance

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Croos Country Mortgage

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