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Listed price in listed location currency (USD).
$149,900

000

MLS® 20261659

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $1,185
Days Active 4
Lot Size 
Approx. Age 1930
MLS® Number 20261659

Property Address: 903 Franklin St, Sandusky, OH, 44870-3609

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number20261659
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
Basement
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Jan 1, 1800End Date
Not Sold YetSold Price

For Sale

May 8, 2026List Date
$149,900List Price
  • Commute

Commute

Starting Address
Destination Address
903 Franklin St, Sandusky, OH

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