311 Clinton StreetNewark, OH 43055

311 Clinton StreetNewark, OH 43055

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$450,000 Contingent
Multi Unit - Multiple MLS 224043707 Contingent
0 beds Bathrooms 2,098 sqft
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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 bath???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

311 Clinton Street | MLS# 224043707

This multi-family property located at 311 Clinton Street, Newark, OH 43055 is currently listed for sale with an asking price of $450,000. Clinton Street is located within the NEWARK CITY school district. Search Newark real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 68
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 311 Clinton Street, 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

$ 2,436.89 per month $2,195.55 Principal & Interest $110.08 Property Tax $131.25 Homeowner's Insurance

Change Payment Information

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