47 S 6th Street, Newark, OH 43055

$185,000

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List Price
$185,000
Year Built
1900
MLS#
226029604
Status
ACTIVE
Acres
0.15

Property Description

Turnkey investment opportunity! Fully occupied and HUD-inspected duplex featuring a 2-bedroom, 1-bath upper unit and a 3-bedroom, 1-bath lower unit, both extensively renovated in 2025 for new tenants. Recent updates include a new upper flat roof membrane, updated windows, remodeled kitchens and bathrooms, updated electrical wiring, updated plumbing, and high-efficiency baseboard heaters. The property currently generates $2,600 per month in gross rental income. Owner pays water, while tenants are responsible for electric and trash. This well-maintained property offers immediate cash flow with many major capital improvements already completed, making it an excellent addition to any investment portfolio. Please do not disturb tenants. A minimum of 24 hours' notice is required for all showings. Listing agent is the managing member of the owning entity.

Additional Information

Heating
Other
School District
Newark Csd 4507 Lic Co.
Tax Year
2025
Yearly Taxes
1082

Listing Courtesy of : Jerry J Adkins ---- Berkshire Hathaway HS Pro Rlty

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Calculator source: Real Geeks