1115 Filmore St, Sandusky, OH 44870

Property Description

Looking for cash flow in Sandusky, Ohio? Welcome to 1115 Filmore St. This turnkey investment property on Sandusky's south side is located just minutes from Downtown Sandusky, the waterfront, and Cedar Point. Currently leased to a long-term Section 8 tenant of 3 years on a month-to-month lease, this income-producing property generates $1,728 per month with all utilities paid by the tenant. Current payment standards indicate rental income potential of up to $2,024 per month, offering immediate cash flow with future upside.The home features 5 bedrooms and 1.5 bathrooms, along with major capital improvements completed in 2022, including a new furnace, updated flooring, and remodeled kitchen and bathrooms. All appliances convey with the sale, making this a truly turnkey opportunity. While currently operating as a successful rental, the property's spacious layout and updates also make it an excellent option for an owner-occupant seeking an affordable home with room to grow.Situated on a spacious 1/3-acre lot, the property also offers potential for up to three separate parcels, creating additional value for investors and future development opportunities.Whether you're looking to expand your investment portfolio, generate reliable income, develop additional lots, or purchase a spacious primary residence, 1115 Filmore St delivers strong cash flow, solid updates, and an excellent location in Ohio's Vacationland. Schedule your showing today and discover the potential this versatile property has to offer.