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19613849
19613850

178 S 4th Street, Newark, OH 43055

JB
2018005230
Sell For One Percent
Listed by Sell For One Percent
$187,888
667 days on market
Updated 130 days ago

178 S 4th Street

Details
APN 054-213690-00.000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $19,480
Price per SqFt $105
Year Built 1908
Acreage 0.150

Multifamily | 2 Units

Marketing description

Here is an excellent investment opportunity with a cap rate approaching 10% generating right at $1900 per month for both units. This duplex already has tenants in both units who are looking to stay! The downstairs unit features hard wood flooring, doors and trim, plenty of windows for natural sunlight, tall ceilings, 2 bedrooms, 1 full bath, a spacious kitchen and a private back deck! The upstairs unit is 1 bedroom, 1 bath, with plush carpet and faux-wood flooring, with a good sized kitchen and a relaxing living room. The upstairs unit has a new furnace, Pex plumbing and LVP flooring. This is a great investment property for anyone looking to get into rentals or to add to your portfolio! Curb offers only with walk-thru within 48 hours of contract, call your agent today!
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Listing Contacts

JB
2018005230
Sell For One Percent
Listed by Sell For One Percent

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$19,480.00
$1,623.33/mo

Valuation Metrics

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DSCR
10.37%
Cap Rate
10.37%
ROI

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