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Great Investment Opportunity - Updated Stone Duplex With Strong Rental Income. Don't Miss Out On This Downtown Sandusky Duplex Offering Excellent Cash Flow And Long-term Stability. The Lower Unit Features 3 Spacious Bedrooms And Is Rented For $1,200/month. Upper Unit Includes 2 Bedrooms,2 Baths And Rents For $995/month. Both Units Were Tastefully Updated About 5 Years Ago And Have Been Well Maintained. These Desirable Units Are Easy To Rent And Currently Occupied With Section 8 Tenants. Tenants Pay Their Own Electric. Owner Is Responsible For Water, Gas, And Garbage. With A Net Annual Income Of Just Under $18,000, This Property Delivers An Attractive 10% Cap Rate At Current Rents. Whether You're Expanding Your Portfolio Or Looking For Your First Multifamily Investment, This Property Is A Solid Choice. Seller Is Selling Portfolio Of 3 Sfr's And 2 Duplexes. If Interested In The Entire Portfolio, More Properties Could Be Added.

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516 Franklin St, Sandusky, OH 44870

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