1035 First Street, Sandusky, OH 44870
Local realty services provided by:ERA Geyer Noakes Realty Group
1035 First Street,Sandusky, OH 44870
$7,550,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: tarina m sidoti
Office: berkshire hathaway homeservices pro. - sandusky
MLS#:20260276
Source:OH_FMLS
Price summary
- Price:$7,550,000
About this home
A rare opportunity to acquire a large, assembled real estate portfolio spanning 50+ parcels comprised of 36 single-family homes and 11 multifamily properties (87 units) throughout downtown Sandusky, Ohio. This collection of properties creates a substantial footprint across the city's core residential neighborhoods, all within close proximity to the waterfront, downtown business district, and major travel corridors.Offered as a single package, the portfolio provides immediate scale, geographic density, and operational efficiency that would be extremely difficult to replicate through individual purchases.The properties currently generate $76,435 in monthly rental income, with documented market rents supporting approximately $88,100 per month. This reflects an estimated $140,000+ in annual income potential through rent normalization alone. Many leases are at-will or below market, offering a clear path to increased revenue without major renovations.This is a value-add opportunity driven by management and positioning.Beyond current cash flow, the concentration and location of these parcels offer long-term flexibility for future infill, redevelopment potential, or strategic hold as downtown Sandusky continues to benefit from ongoing waterfront and community improvements. This offering combines immediate income with control of a significant residential presence in a highly desirable lakefront market.See Attached Brochure for details.
Contact an agent
Home facts
- Listing ID #:20260276
- Added:17 day(s) ago
- Updated:February 17, 2026 at 08:00 PM
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$7,550,000
New listings near 1035 First Street
- Coming Soon
$375,000Coming Soon2 beds 2 baths89 Marina Point #89, Sandusky, OH 44870
MLS# 20260443Listed by: THE HOLDEN AGENCY - New
$158,000Active3 beds 1 baths1,366 sq. ft.1334 Lindsley Street, Sandusky, OH 44870
MLS# 20260159Listed by: NORTH BAY REALTY, LLC - New
$384,900Active3 beds 2 baths1,620 sq. ft.81 Marina Point Drive, Sandusky, OH 44870
MLS# 20260416Listed by: HOWARD HANNA - PORT CLINTON - New
$99,000Active0.4 Acres0 Lauras Lane, Sandusky, OH 44870
MLS# 20260417Listed by: HOTY ENTERPRISES, INC. - New
$897,000Active4 beds 5 baths4,292 sq. ft.1711 Willow Drive, Sandusky, OH 44870
MLS# 20260409Listed by: KELLER WILLIAMS CITYWIDE - New
$201,000Active2 beds 1 baths1,148 sq. ft.1117 Ogontz Street, Sandusky, OH 44870
MLS# 20260401Listed by: RE/MAX QUALITY REALTY - SANDUSKY - New
$215,000Active1 beds 1 baths728 sq. ft.401 W Shoreline Drive #116, Sandusky, OH 44870
MLS# 5186295Listed by: NORTH BAY REALTY, LLC. - New
$259,900Active3 beds 2 baths1,467 sq. ft.2811 Peterson Lane, Sandusky, OH 44870
MLS# 20260385Listed by: RUSSELL REAL ESTATE SERVICES - SANDUSKY - New
$225,000Active1 beds 2 baths674 sq. ft.401 W Shoreline Drive #96, Sandusky, OH 44870
MLS# 20260376Listed by: NORTH BAY REALTY, LLC
$160,000Active-- beds -- baths1,518 sq. ft.1315 Campbell Street, Sandusky, OH 44870
MLS# 20260347Listed by: KELLER WILLIAMS ELEVATE - SANDUSKY