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Lot For Sale
903 Franklin St
Sandusky, Ohio 44870
Erie CountyCommunity: Southwark Addition
$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
Contact Information:
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.
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

