About This Home
This 0-bedroom, 0-bathroom residential multi family at 903 Franklin Street in Sandusky, OH is listed for $134,500. Built in 1930, on a 0.08 acres lot.
Key Features
- Built in 1930
- 0.08 acre lot
- 2 stories
Property Details
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 $141,900, the propert
y 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.
Monthly Cost Estimate
$719/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
903 Franklin Street
Sandusky, OH 44870
Southwark Addition
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 903 Franklin Street is listed at $134,500. The estimated monthly payment is $719 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1930, 0.08 acre lot, 2 stories.
This property is listed by Ross M Boesch and can be reached at (419) 732-0941.