1863 Cherry Valley Road

Newark, OH 43055
$596,900
Six apartments and a storefront located on Cherry Valley Rd. The 6 apartments are currently renting for a total of GMR $5700. Each renter pays for water, gas, and electric. All units are metered separately. Four of the units are two bedroom and two are one bedroom.Read MoreRead Less
Courtesy of e-Merge Real Estate 614-678-5505, Robert M Panian 614-800-1975.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Mixed Use
Lot Size
0.51 Acres
Year Built
1969
MLS Number
225043582
Property Location Map
Additional Details
Building
Built in 1969
Cooling
"Central Air"
Expenses
Insurance expense: $900, Maintenance expense: $2,400, Manager expense: $6,840, Operating expense: $15,840
Heating
"Forced Air"
Income
Gross income: $68,400, Net operating income: $52,560
Lot
0.51 acres, Lot size area: 1, 22,216 square feet
Parking
20 total parkings, "Common"
Sewer
"Public Sewer"
Taxes
Tax annual amount: $5,742, Tax year: 2024
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Tony Johnson
Realtor
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