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240/242 W Main St, Newark, OH 43055

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For Sale

$152,000

4 beds • 2 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Discover a fantastic investment opportunity with this well-maintained duplex located at 240/242 W Main Street, Newark, OH. Built in 1900 with unique charm and character. With updates including a new furnace in one unit and a new hot water heater in the other, this property is ready for a new owner to capitalize on its potential. This spacious duplex offers 4 bedrooms and 2 full baths, perfect for tenants seeking comfortable living spaces in a prime location. The property sits on a 5,227 square foot lot with off-street parking for two vehicles, ensuring convenience for residents. The partially finished basement adds valuable storage space. Whether you're looking to expand your rental portfolio or find a property with potential for future growth, this is a great choice. Don't miss your chance to own a piece of Newark's historic charm! Please note: This property is being sold as-is, offering a great opportunity to put your own finishing touches or add to your rental portfolio. Curb Offers Only at this time. Please do not disturb tenants. Once contract is accepted, we will arrange with property manager for access. CURRENT INCOME on M2M Lease $1000/mo for the 3 bedroom and PROJECTED $850/mo. 1 bedroom unit (under renovation).
MLS# 11481774

Courtesy Of SVN Wilson Commercial Group LLC

(740) 814-9828

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Floor Covering
    Carpet, Hardwood
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Kitchen

Map and Directions

Directions to 240/242 W Main St, 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
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† 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.

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