291 County Road 4858, Newark
MLS® # 20847425
This brand-new quadruplex offers a prime investment opportunity, featuring four 1-bedroom, 1-bath units, each 1,050 SQFT, for a total of 4,200 SQFT of modern living space. Situated on spacious land, the property is enclosed by a metal fence for privacy, with a wrought iron entrance adding to its charm. A paved driveway provides ample parking, including eight covered carport spaces (two per unit).
Each 1-bedroom, 1 bath unit is thoughtfully designed with an open-concept kitchen and living area, highlighted by granite countertops, stainless steel appliances, shaker cabinets, and a stylish backsplash. Recessed lighting and ceiling fans add comfort and efficiency. Tile flooring and barn doors create a modern yet warm aesthetic. For year-round comfort, each unit is equipped with two heating and cooling mini-split systems. Spacious walk-in closets provide ample storage, and the bathroom-laundry area offers convenience with quartz countertops, undermount sinks, tiled flooring, and a frameless glass shower. The seller is open to a 1031 exchange or owner financing with 20% down at the current investor mortgage rateābad credit is okay. This is an incredible opportunity for an investor or a homeowner seeking rental income potential!
Cable Available, Electricity Available, Electricity Connected, Septic
Carport, Driveway, Gated, Paved
Cable TV Available, Decorative Lighting, Granite Counters, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
Interior Lot, Landscaped, Lrg. Backyard Grass, Cleared
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Listing information last updated on May 16th, 2025 at 8:02am CDT.