1618 Mcdonough St, Sandusky, OH 44870

Property Description

Two homes, four units, and an opportunity to combine your next home with rental income! Located at 1618-1622 McDonough Street in Sandusky, this property features a vacant four-bedroom lower unit at 1622 that is ready for occupancyan appealing option for an owner occupant looking to collect rent from the other three units or an investor seeking to expand a portfolio.At 1618, the lower three-bedroom unit rents for $1,000 per month, and the upper two-bedroom unit rents for $750 per month. The upper three-bedroom unit at 1622 rents for $750 per month. All three occupied units have long-term tenants, with current combined rents of $2,500 per month. The vacant four-bedroom unit offers an estimated rental potential of $1,400 per month, bringing potential total gross rent to $3,900 per month. Projected rent is an estimate and is not guaranteed.Tenants pay their own gas and electric, while the owner pays water and garbage. Recent concrete improvements in selected areas create a fresh, welcoming appearance. With two homes, spacious bedroom layouts, established rental income, and a vacant unit ready for its next occupant, this property offers flexibility for your ownership goals. Offered at $425,000.