Property Description

Turnkey Duplex Investment - Fully Occupied 3BR/1BA UnitsExcellent opportunity to add a cash-flowing duplex to your portfolio. Both sides of this maintained property feature 3 bedrooms and 1 full bath, offering strong rental appeal and consistent occupancy.Unit 66 includes an accessibility ramp at the front porch, providing added functionality and tenant convenience. Recent updates include bathroom repairs and porch roof improvements, helping reduce immediate maintenance concerns.Each unit enjoys its own fenced-in yard space, ideal for privacy and outdoor use. The property also offers off-street parking in the rear, along with additional on-street parking in front.Both units are currently tenant-occupied, making this a true turnkey investment with income already in place.⚠️ 24-hour notice required for all showings.

62/66 Mill Street | MLS# 226010670

This multi-family property located at 62/66 Mill Street, Newark, OH 43055 is currently listed for sale with an asking price of $189,900. 62/66 Mill Street is located within the NEWARK CITY school district. Search Newark real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Days on Market: 6

Heating: Forced Air

Lot Size: 0.16 Acres

Taxes: $2,854

Year Built: 1885

Feature Descriptions

Parcel #: 054-211524-00.000

Local Schools

School District: NEWARK CITY

Demographics

Licking County Demographic Information for 62/66 Mill Street, Newark, OH 43055

Fips

Fips Code 39089

Population

2020 to 2025 Change up 4.0%

2010 Count 166,492

2020 Count 178,519

2025 Estimate (V2025) 185,564

2020 Estimate (V2025) 178,513

Age Distribution (Years Old)

0 to 4 5.2%

5 to 17 22.3%

18 to 64 54.3%

65 and Older 18.2%

Gender

Male 49.4%

Female 50.6%

Place of Birth

Foreign 4.6%

US 95.4%

Education

High School Graduate, Age 25+ 93.5%

Bachelor's Degree or Higher, Age 25+ 29.3%

Computer and Internet use

Households with a computer 95.2%

Households with a broadband Internet subscription 92.4%

Language

English is Second Language, Age 5+ 6.8%

English is First Language, Age 5+ 93.2%

Veterans

Veterans 11,370

Income

Per Capita Income $42,609

Median Household Income $84,426

People in Poverty 9.2%

Commute

Average Work Commute Time 27 minutes

Housing

Total Housing Units 73,313

Households 68,620

Average Household Size 2.60

Owner-Occupied 73.7%

Multi-Family 17.2%

Owner-Occupied Median Value $275,200

Median selected monthly owner costs -with a mortgage $1,693

Median selected monthly owner costs -without a mortgage $631

Median gross rent $1,078

Building Permits

New Private Housing Issued 2024 156

Years at Residence

1 Year or More 90.7%

Less Than 1 Year 9.3%

Business and Employment

Private non-farm Establishments 3,277

Private non-farm Employment 77,088

Private non-farm Employment Growth up 2.2%

Nonemployer Establishments 13,733

Number of Firms 2,336

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

$ 1,268.49 per month $975.27 Principal & Interest $237.83 Property Tax $55.39 Homeowner's Insurance

Change Payment Information

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62/66 Mill StreetNewark, OH 43055