63 N 4th Street, Newark, OH 43055
$850,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
9,583
Status:
Closed
Current Price:
$850,000
List Date:
5/26/2025
Last Modified:
10/02/2025
Overview
Description
Listing Details MLS# 225012014
Location Property Info
- Original List Price
- 989000
- Property Sub Type
- Highrise
- Street #
- 63
- Street PreDirection
- N
- Street Name
- 4th
- Street Suffix
- Street
- County
- Licking
- State
- OH
- Zip Code
- 43055
- School District
- NEWARK CSD 4507 LIC CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2025-04-14
General Property Info
- Number of Units
- 8
- Building Sqft
- 10800
- Year Built
- 1920
- Built Prior to 1978
- Yes
- Lot Size (Side)
- 198
- Acreage
- 0.22
Tax Info
- Parcel #
- 054-259668-00.000
- Tax Year
- 2024
- Tax Abatement
- No
- Taxes (Yrly)
- 6960
Status Change Info
- Under Contract Date
- 2025-06-06
- Sold Date
- 2025-09-30
- Sold Price/SqFt
- 78.7
1 Bedroom
- 1 Bedroom # of Units
- 2
More Information
2 Bedroom
- 2 Bedroom # of Units
- 5
3 Bedroom
- 3 Bedroom # of Units
- Yes
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 91.57
- City (Mailing Addr)
- Newark
- Corp LimitPerAuditor
- Newark
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Prime Downtown Newark Multi-Family Investment Opportunity! Welcome to 63 N 4th St, a multi-family property located in the heart of downtown Newark. This three-story building has an elevator and includes eight total units. 2 one-bedroom units, 5 two-bedroom units, and 1 three-bedroom unit. Plus a 2,200 sq ft detached garage that is also cash flowing. Residents benefit from a secured main entrance with coded access and individual unit keys. Additionally, tenants have access to a private off-street parking lot. Tenants can enjoy walkable access to shops, restaurants, and public transit in a growing downtown area. This property is 100% occupied, providing immediate cash flow. Curb offers only. Please do not disturb tenants.
Income/Expenses
- Gross Income
- 88200
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Parking Features
- Detached Garage
- Yes
Sewer
- Public Sewer
- Yes
Miscellaneous
- Basement
- Yes
Tenant Pays
- Electricity
- Yes
Heating
- Radiant
- Yes
Air Conditioning
- Window Unit(s)
- Yes
Owner Pays
- Gas
- Yes
- Sewer
- Yes
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
Detached Garage
Owner Pays:
Gas; Sewer; Water
Tenant Pays:
Electricity
Heating:
Radiant
Air Conditioning:
Window Unit(s)
Sewer:
Public Sewer
Miscellaneous:
Basement
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Red 1 Realty
Listing Agent:
Daulton Albanese
Last Updated: October - 02 - 2025
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