Fully Rented 3-Unit Investment Property located just minutes from Sanduskys revitalized downtown, lakefront, bike trails, waterfront dining, and boutique shops. This income-producing triplex offers both stable cash flow and long-term growth potential. Each unit features 3 bedrooms and 1 bath, currently rented at 950 per month.***2 tenants are month to month and one has a lease that expires in March. With the housing shortage – there is room for rent increases as Section 8/Metro housing standard for a 3 bedroom is 1,279***Tenants responsible for gas and electric, keeping operating costs low and returns consistent. Conveniently positioned near the citys ongoing redevelopment and infrastructure improvements along Warren Street and surrounding blocks. Excellent value-add opportunity through rent increases, light updates, or leveraging Sanduskys continued downtown growth.
801 Warren Street
Sandusky, Ohio 44870, United States
- Square Footage: 12,196.80 Sqft
