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Simply Better Realty
1415 Central Ave, Sandusky, OH 44870
- $285,000
- Sold Price
- $285,000
- List Price
- $285,000
- Status
- CLOSED
- Days on Market
- 42
- Closing Date
- May 26, 2026
- MLS#
- 20261276
- Subtype
- Residential Income
- Year Built
- 1910
- Lot Size
- 791,049,600
- Acres
- 18160
- Subdivision
- Scranton‘s Survey West
- MLS Area Major
- N/A
Property Description
Stabilized 4-unit multifamily asset in a proven Sandusky rental corridor, offering a strong in-place tenant base with clear value-add upside. The property features a balanced unit mix and long-term tenancy, supporting consistent cash flow with reduced turnover risk.Unit 1 (Lease Exp 04/30/2027) is a large 2 bedroom (potential 3rd), 1.5 bath unit occupying the full first floor, with private basement access and in-unit laundry hookup. This unit is supported by a 10+ year tenant who actively monitors the property and includes two garage spaces, an uncommon amenity for the market.Units 2 and 3 (Lease Exp 03/31/27) are 1 bed, 1 bath units with established tenancy (2021 and recently renewed lease entering year 3). Unit 4 is a 2 bed, 1 bath that will be vacated late May, presenting an immediate opportunity to capture market rent or pursue an owner-occupant strategy.Owner pays all utilities except cable/internet. Agent related to Seller. 48 hour min. notice required for showings. Showings will be coordinated with multiple buyers to reduce tenant disruption.
Additional Information
- Taxes
- $3,491
- Appliances
- Range, Refrigerator
- Heating
- Natural Gas, Forced Air, Hot Water
- Levels
- Two
- Foundation
- Basement
- Parking Features
- Carport, Detached, Garage Door Opener, Shared Driveway
- Garage Spaces
- 5
- School District
- Sandusky
Courtesy of Weichert, Realtors-Morgan Realty Group
Selling Office: Ewell & Associates.