527 Ridge Avenue NENew Philadelphia, OH 44663

527 Ridge Avenue NENew Philadelphia, OH 44663

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$1,125,000 Active
Commercial - Business MLS 5246828
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Listed By

Agency Name: Century 21 Court Square Realty, Inc.
Agency Contact: 740-622-3731, pncovic@aol.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Attention investors: Discover Apple Tree Terrace, an impeccably maintained 10-unit complex featuring eight spacious townhouse-style units and two beautifully designed upper and lower units. Each residence offers modern electric heating and cooling, a full suite of kitchen appliances, in-unit full-size washers and dryers, and 9 private, attached 1-car garages with convenient openers. Every unit has been thoughtfully remodeled with luxurious stain-resistant carpeting, elegant oak trim, stylish vinyl flooring, fresh paint, upgraded light fixtures, and custom curtain rods. Enjoy outdoor living with private patios and decks overlooking scenic walking trails. Two exclusive upper and lower units boast their own decks for added enjoyment. A secluded trash deck keeps things tidy and convenient. The exterior showcases attractive brick accents, durable vinyl siding, and sleek metal roofs. Professionally landscaped grounds create an inviting, picturesque environment. Water heaters are leased. Detailed financials are available upon request.

527 Ridge Avenue NE | MLS# 5246828

This commercial property located at 527 Ridge Avenue NE, New Philadelphia, OH 44663 is currently listed for sale with an asking price of $1,125,000. Ridge Avenue NE is located within the New Philadelphia City school district. Search New Philadelphia real estate on 8382deeprun.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Days on Market: 1
Heating: Electric
Lot Size: 1.22 Acres
Taxes: $7,143 / year
Year Built: 1998

Feature Descriptions

Parcel#: 4304282000

Local Schools

School District: New Philadelphia City

Demographics

Tuscarawas County Demographic Information for 527 Ridge Avenue NE, New Philadelphia, OH 44663
Fips
Fips Code 39157
Population
2020 to 2025 Change down 1.0%
2010 Count 92,582
2020 Count 93,263
2025 Estimate (V2025) 92,373
2020 Estimate (V2025) 93,265
Age Distribution (Years Old)
0 to 4 5.6%
5 to 17 23.3%
18 to 64 50.2%
65 and Older 20.9%
Gender
Male 50.0%
Female 50.0%
Place of Birth
Foreign 2.3%
US 97.7%
Education
High School Graduate, Age 25+ 88.9%
Bachelor's Degree or Higher, Age 25+ 19.8%
Computer and Internet use
Households with a computer 90.4%
Households with a broadband Internet subscription 85.3%
Language
English is Second Language, Age 5+ 8.8%
English is First Language, Age 5+ 91.2%
Veterans
Veterans 4,779
Income
Per Capita Income $33,617
Median Household Income $65,044
People in Poverty 11.3%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 40,861
Households 38,492
Average Household Size 2.37
Owner-Occupied 68.9%
Multi-Family 14.9%
Owner-Occupied Median Value $185,400
Median selected monthly owner costs -with a mortgage $1,321
Median selected monthly owner costs -without a mortgage $499
Median gross rent $908
Building Permits
New Private Housing Issued 2024 70
Years at Residence
1 Year or More 89.5%
Less Than 1 Year 10.5%
Business and Employment
Private non-farm Establishments 2,098
Private non-farm Employment 31,958
Private non-farm Employment Growth down 0.5%
Nonemployer Establishments 6,882
Number of Firms 1,793
Business Production
Value of Shipments $2,639,690,000
Wholesale Trade $526,500,000
Retail Trade $1,194,721,000
Retail Sales Per Capita $12,774
Accommodation and Food Services $135,590,000
Land
Land Area 567.64 sq. miles
Population Per Square Mile 164

Source: US Census Bureau

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