Turnkey duplex investment with immediate cash flow in Sandusky! This fully occupied 2-unit property features a 2BR/1BA lower unit and 1BR/1BA upper unit, both with recently renewed leases, providing stable, day-one income.Current net operating income of $25,392 annually delivers strong returns, and at the current list price of $149,900, the property projects an approximate 16+ cap rate - a rare opportunity for both new and seasoned investors.Owner currently pays upper electric along with entire building water, gas, and trash, offering clear upside through expense optimization and increased long-term yield.Proven rental history, strong tenant demand, and a convenient location near downtown amenities make this an ideal addition to any portfolio or a great entry point for investors seeking immediate cash flow with future upside. Owner is licensed agent in Ohio.
Listed By
Agency Name: Weichert, Realtors-Morgan Realty Group
Shown By
Agent Name: Krysta Denner
Agent Phone: (614) 273-5461
Agency Title: Key Realty
Estimated Payment
$ 931.55 per month $838.50 Principal & Interest $49.33 Property Tax $43.72 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
903 Franklin Street | MLS# 20261659
This multi-family property located at 903 Franklin Street, Sandusky, OH 44870 is currently listed for sale with an asking price of $149,900. Franklin Street is located within the Sandusky school district. Search Sandusky real estate on krystadenner.ikeyrealty.com today.