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  • Overview

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  • Sales & tax history

  • Schools

  • Fees & commissions

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Off market

Buy a condoat 376 Hudson Avenue, Newark, OH 43055

$1,375,000

$0/mo

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Multifamily

13,401 Sq. Ft.

18,730 Sq. Ft. lot

413 Days on market

223002781 MLS ID

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About 376 Hudson Avenue condo

Rare opportunity to add this newly updated 14-unit complex on historic Hudson Ave to your portfolio! Two story brick fully occupied complex with 14 1bed/1bath units. 12 of 14 units updated throughout with new paint, flooring, carpet, and renovated bathrooms. New energy efficient windows. Roof and gutters replaced (2017), new steps with wrought iron railing (2017), new outdoor second story balcony flooring, and newly poured cement courtyard and sidewalks. Beautifully updated landscaping. Off-street parking in rear can hold up to 20 cars. On site renovated laundry facility for tenant use in basement. 14 additional storage spaces in the laundry facility for tenant storage brings opportunity for additional income ($25/month). Low maintenance ownership! Close to new Intel Site! Must see!
Rare opportunity to add this newly updated 14-unit complex on historic Hudson Ave to your portfolio! Two story brick fully occupied complex with 14 1bed/1bath units. 12 of 14 units updated throughout with new paint, flooring, carpet, and renovated bathrooms. New energy efficient windows. Roof and gutters replaced (2017), new steps with wrought iron railing (2017), new outdoor second story balcony flooring, and newly poured cement courtyard and sidewalks. Beautifully updated landscaping. Off-street parking in rear can hold up to 20 cars. On site renovated laundry facility for tenant use in basement. 14 additional storage spaces in the laundry facility for tenant storage brings opportunity for additional income ($25/month). Low maintenance ownership! Close to new Intel Site! Must see!

Property details

Listing

Source: Columbus and Central Ohio Regional

$103 per sqft

Occupancy Rate: 100

Listed on 2023-02-03

Auction Info

Auction Info: Auction: No

House

Built in 1,965

13,401 total building sqft

14 units

Built Prior to 1978

Brick

Cooling

Window

Expenses

Electricity Expense: $936

Off-Site Management: $4,800

Property Insurance: $5,376

R.E. Taxes: $9,768

Repairs&Maintenance: $4,800

Water Expense: $1,560

Heating

Electric

Income

Financials: Effective Income: $95,808

Financials: Gross Rental Income: $124,800

Location

Subdiv/Cmplx/Comm: Historic Hudson District

Lot

0 approximate acres

Lot Size (Front): 104

Lot Size (Side): 180

Miscellaneous

Basement

W/D Hookups

Owner Pays

Sewer

Trash

Water

Parking

Total Parking: 20

Assigned

Common Area

Property

1 building

14 one-bedroom units

Schools

School District: NEWARK CSD 4507 LIC CO.

Taxes

Taxes (Yrly): $9,774

Tax Year: 2,022

Tenant Pays

Electricity

Utilities

Electric

Sanitary Sewer

Water

Monthly cost

Estimated monthly cost

$9,679/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Oct 30, 2019

Price

$266,667

Date

Oct 24, 2017

Price

$455,000

DatePrice
Oct 30, 2019$266,667
Oct 24, 2017$455,000

Schools

Newark enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,292,500

+$41,250

$1,333,750

Seller agent commission$41,250 (3%)*

$0 (0%)

Buyer agent commission$41,250 (3%)*

$41,250 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $41,250 more selling your home
with an Unreal Estate agent

Start free MLS listing
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State

  • Condos for sale in Ohio
  • Land in Ohio
  • Modular Homes for Sale in Ohio
  • Real Estate for Sale in Ohio

Unreal Estate checked: Apr 26, 2024 at 9:27 a.m.

Data updated: Mar 16, 2023 at 6:08 p.m.

Courtesy of Merriman and Co. Real Estate 614-747-1085, Leigh Merriman 614-747-1085.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 Columbus and Central Ohio Regional MLS. All Rights Reserved.

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By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from unrealestate.com and others about your inquiry and other home related matters, but not as a condition of any purchase.

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