214-218 Hudson AvenueNewark, OH 43055

214-218 Hudson AvenueNewark, OH 43055

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$329,777 Active
Multi Unit - Multiple MLS 5192825 New to the Market
5 beds 3 full baths 1 partial baths

Listed By

Agency Name: I Heart Real Estate, LLC.
Agency Contact: 800-259-7670, cstevens@iheartreal.estate

Shown By

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

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Property Description

Triplex Investment Opportunity at the Watson Mansion! Located in the heart of downtown Newark! This well-maintained triplex offers a fantastic opportunity for investors or owner-occupants looking to build rental income. Situated on two parcels with a large parking area, the property also includes a detached 5-unit garage, providing additional storage or garage rental possibilities. It's central location gives tenants convenient access to downtown amenities, dining, and shopping. Property Highlights: Triplex with 3 rental units. (All units are currently rented) - Situated on two lots - Large off-street parking area Detached 5-unit garage (ideal for storage or small vehicles)- Separate living spaces with strong rental potential. Schedule your showing today!

214-218 Hudson Avenue | MLS# 5192825

This multi-family property located at 214-218 Hudson Avenue, Newark, OH 43055 is currently listed for sale with an asking price of $329,777. 214-218 Hudson Avenue is located within the Newark City school district. Search Newark real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Central Air, Electric, Window Unit(s)
Days on Market: 2
Garage: 5
Heating: Gas
Lot Size: 0.37 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $2,304 / year
Year Built: 1845

Feature Descriptions

Community Features: Restaurant, Street Lights, Sidewalks
Exterior: Aluminum Siding
Fencing: Back Yard
Parcel#: 054-281406-00.000
Parking: Additional Parking, Basement, Direct Access, Detached, Garage, Gravel
Sewer: Public Sewer
Water: Public

Local Schools

School District: Newark City

Demographics

Licking County Demographic Information for 214-218 Hudson Avenue, Newark, OH 43055
Fips
Fips Code 39089
Population
2020 to 2023 Change up 2.6%
2010 Count 166,492
2020 Count 178,519
2023 Estimate (V2023) 183,201
2020 Estimate (V2023) 178,513
Age Distribution (Years Old)
0 to 4 5.7%
5 to 17 22.7%
18 to 64 53.8%
65 and Older 17.8%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 3.8%
US 96.2%
Education
High School Graduate, Age 25+ 93.2%
Bachelor's Degree or Higher, Age 25+ 29.5%
Computer and Internet use
Households with a computer 94.3%
Households with a broadband Internet subscription 91.1%
Language
English is Second Language, Age 5+ 5.1%
English is First Language, Age 5+ 94.9%
Veterans
Veterans 12,115
Income
Per Capita Income $39,760
Median Household Income $78,505
People in Poverty 10.2%
Commute
Average Work Commute Time 27 minutes
Housing
Total Housing Units 73,313
Households 67,239
Average Household Size 2.61
Owner-Occupied 73.5%
Multi-Family 17.2%
Owner-Occupied Median Value $232,200
Median selected monthly owner costs -with a mortgage $1,608
Median selected monthly owner costs -without a mortgage $577
Median gross rent $960
Building Permits
New Private Housing Issued 2023 180
Years at Residence
1 Year or More 88.3%
Less Than 1 Year 11.7%
Business and Employment
Private non-farm Establishments 3,146
Private non-farm Employment 56,578
Private non-farm Employment Growth up 2.2%
Nonemployer Establishments 13,255
Number of Firms 13,336
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

$ 1,897.17 per month $1,608.99 Principal & Interest $192.00 Property Tax $96.18 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage