Property Description

NICE MONEY MAKER , SIDE BY SIDE BUILT DUPLEX. BUILDING WAS GUTTED AND FULLY RENTOVATED AROUND 2015 AND UPDATES WERE MADE AGAIN 2022. LARGE 2 TO 3 BEDROOM UNITS DEPENDING ON HOW THE TENANT WANTS TO USE THE LARGE EXTRA ROOM IN EACH UNIT ON THE MAIN FLOOR. UNITS ARE FULLY LEASED AND THERE IS GARGAGE SPACE OUT BACK FOR EACH. UNITS HAVE SEPARATE UTILITIES FOR EACH. TENANTS CURRENTLY PAY GAS & ELECTRIC. OWNER IS CURRENTLY PAYING WATER/SEWER,TRASH, & MOWING. TENANTS RIGHTS, 100% OCCUPIED.

114-116 Maholm Street | MLS# 226006753

This multi-family property located at 114-116 Maholm Street, Newark, OH 43055 is currently listed for sale with an asking price of $315,000. 114-116 Maholm Street is located within the NEWARK CITY school district. Search Newark real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Central Air

Days on Market: 2

Heating: Forced Air

Lot Size: 0.26 Acres

Taxes: $2,272

Year Built: 1900

Feature Descriptions

Parcel #: 054-229950-00.000

Local Schools

School District: NEWARK CITY

Demographics

Licking County Demographic Information for 114-116 Maholm 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

$ 1,818.10 per month $1,536.89 Principal & Interest $189.33 Property Tax $91.88 Homeowner's Insurance

Change Payment Information

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114-116 Maholm StreetNewark, OH 43055