116 S 1st Street, Newark, OH 43055
$49,900
Property Type:
Residential
Bedrooms:
3
Baths:
1
Square Footage:
1,144
Lot Size (sq. ft.):
6,098
Status:
Active
Current Price:
$49,900
List Date:
8/30/2025
Last Modified:
9/27/2025
Overview
Description
This 3-bedroom, 1-bath home presents a great opportunity for investors, rehabbers, or buyers looking to create equity with improvements. Located in Newark, the property is currently in need of repair as required by Newark Property Maintenance. With the right updates, this home has strong potential to be restored into a comfortable residence or profitable rental. 2 car garage behind the home.
NO ENTRY of home until there is an accepted offer.
Condition:
The property requires repairs and updates to meet Newark Property Maintenance standards. Buyer will assume responsibility for all necessary improvements and compliance. Fees can be negotiated.
Adjoining Corner Lot at 112 S. 1st St is available for purchase also.
Listing Details MLS# 225032917
Location Property Info
- Property Sub Type
- Single Family Residence
- Original List Price
- 60000
- Street #
- 116
- Street PreDirection
- S
- Street Name
- 1st
- Street Suffix
- Street
- County
- Licking
- State
- OH
- Zip Code
- 43055
- School District
- NEWARK CSD 4507 LIC CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2025-08-29
General Property Info
- Total Baths
- Yes
- Baths F.H
- Yes
- Full Baths
- Yes
- Built Prior to 1978
- Yes
- Garage/EnclosdSpaces
- 2
- Off Street Parking Spaces
- 4
- Year Built
- 1903
- SqFt Documented
- 1144
- Documented SqFt Source
- Realist
- SqFt ATFLS
- 1144
- ATFLS Source
- Realist
- Acreage
- 0.14
- Manufactured Housing Y/N
- No
- HOA/COA Y/N
- No
- Comm Dev Chrg
- No
Tax Info
- Parcel #
- 054-207714-00.000
- Mult Parcels/Sch Dis
- No
- Tax Year
- 2024
- Tax Abatement
- No
- Taxes (Yrly)
- 468
Bedroom Level
- Beds UP1
- 2
- Beds Entry Level
- Yes
Full Baths Level
- Full B Entry Level
- Yes
More Information
Basement
- Basement Y/N
- Yes
Accessory Dwelling Unit
- Existing Accessory Dwelling Unit
- No
Accessible Features
- Accessible Features
- No
Auction Info
- Auction/Online Bidding Y/N
- No
Green Features
- Green Features Y/N
- No
Location & Property Info
- List Price/SqFt
- 43.62
- Mid/High Rise
- No
- City (Mailing Addr)
- Newark
- Corp LimitPerAuditor
- Newark
- New Construction
- No
Remarks & Misc
- Property Description
- This 3-bedroom, 1-bath home presents a great opportunity for investors, rehabbers, or buyers looking to create equity with improvements. Located in Newark, the property is currently in need of repair as required by Newark Property Maintenance. With the right updates, this home has strong potential to be restored into a comfortable residence or profitable rental. 2 car garage behind the home. NO ENTRY of home until there is an accepted offer. Condition: The property requires repairs and updates to meet Newark Property Maintenance standards. Buyer will assume responsibility for all necessary improvements and compliance. Fees can be negotiated. Adjoining Corner Lot at 112 S. 1st St is available for purchase also.
Addl Acceptance Cond
- None Known
- Yes
Levels
- Two
- Yes
Architectural Style
- Farmhouse
- Yes
Common Walls
- No Common Walls
- Yes
Parking Features
- Detached Garage
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Basement Description
- Partial
- Yes
Foundation
- Other
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Tax
- Homestead
- Yes
Property Features
Levels:
Two
Architectural Style:
Farmhouse
Common Walls:
No Common Walls
Addl Acceptance Cond:
None Known
Parking Features:
Detached Garage
Basement Description:
Partial
Foundation:
Other
Sewer:
Public Sewer
Water Source:
Public
Tax:
Homestead
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Red 1 Realty
Listing Agent:
Amber L Burns
Last Updated: September - 27 - 2025
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