Turnkey duplex investment with immediate cash flow in Sandusky!

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Lot For Sale

903 Franklin St

Sandusky, Ohio 44870

Erie County

Community: Southwark Addition

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$144,400 0.077 acres

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.

  • Lot Size: 0.077 acre
  • Lot Dimensions: 
  • View Types: 
  • MLS #: 20261659
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Contact Information:
Beach Lot For Sale in Sandusky, Ohio
Listing Agent: Ross M Boesch, Weichert, Realtors - Morgan Realty Group, 419-732-0941, 419-502-1022 Listing Site, Listing Status: Active
Copyright © 2026 Firelands MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7705236
Viewed 68 times.
Updated: Jun 03, 2026

This property is a Lot located at 903 Franklin St, Sandusky, Ohio 44870, and is currently For Sale at $144,400.