903 Franklin Street, Sandusky, OH 44870

Sandusky
Local realty services provided by:ERA Geyer Noakes Realty Group
903 Franklin Street,Sandusky, OH 44870
$118,500
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ross m boesch
Office: weichert, realtors-morgan realty group
MLS#:20261659
Source:OH_FMLS

Price summary

  • Price:$118,500

About this home

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 $19,500 annually delivers strong returns, and at the current list price of $125,000, the property projects an approximate 15+ 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.

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Home facts

  • Year built:1930
  • Listing ID #:20261659
  • Added:99 day(s) ago
  • Updated:August 14, 2026 at 03:38 PM

Structure and exterior

  • Year built:1930
  • Lot area:0.08 Acres
  • Construction Materials:Stucco
  • Foundation Description:Crawl Space
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$118,500
  • Tax amount:$1,185

Parking

  • Parking description:Off Street

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