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1863 Cherry Valley Road, Newark, OH 43055

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For Sale

$596,900

0.51 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.5 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Six apartments and a storefront located on Cherry Valley Rd. The 6 apartments are currently renting for a total of GMR $5700. Each renter pays for water, gas, and electric. All units are metered separately. Four of the units are two bedroom and two are one bedroom. The store-front is currently vacant, but owner accepted a 5 yr lease that starts 1 Jan 2026. Total GMR will be approximately $6400 per month when fully rented. New roof in 2020. Curb Offers required for showings of apartments as not to disturb renters. Store front available for showings until lease begins.
MLS# 225043582

Courtesy Of e-Merge Real Estate

(614) 678-5505

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.51 Acres

Map and Directions

Directions to 1863 Cherry Valley Road, Newark, OH 43055

Home seller CENTURY 21 Frank Frye Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Frank Frye Real Estate

(740) 345-4001
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.