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.

Property Features

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