bonnigson

Properties

Property Description

Very Large Duplex – Fully Rented – Strong Cash Flow. This spacious duplex is fully occupied and generating $2,500/month gross rent with tenants paying all utilities. Both units feature separate gas and electric meters, and each tenant is responsible for half of the water/sewer bill, keeping landlord expenses low. Lower Unit – Rented for $1,300/month. An enormous 3-bedroom, 2-bath apartment, nicely maintained with updates throughout. Includes in-unit washer/dryer hook-ups. Furnace replaced in 2017, hot water tank newer. Upper Unit – Rented for $1,200/month. A spacious 3-bedroom apartment with access to a walk-up attic for storage and its own washer/dryer hook-ups. Furnace replaced in 2023, hot water tank new in 2016.Highlights -Tenants pay all utilities (gas, electric, and split water/sewer). – Strong rental income – $30,000/year gross. – No immediate repairs needed. – Newer mechanicals (furnaces & hot water tanks). – Excellent turnkey investment with great cash flow. CAP RATE APPROXIMATELY 14.5%This duplex is priced to sell and is a perfect addition to any investor’s portfolio!

Features
: No
Address Map
US
Erie
Sandusky
44870
Campbell
1427
Street
E0° 0' 0''
N0° 0' 0''
MLS Addon
Berkshire Hathaway HomeServices Pro. - Sandusky
Jeffrey S Smith
: Duplex
JSSMITH
1705
5705302000
N/A
: Sandusky

Multiple Units For Sale

1427 Campbell Street, Sandusky, 44870

2,878 Sqft
$179,900
Listing ID #20253570
Basic Details
Property Type : Multiple Units
Listing Type : For Sale
Listing ID : 20253570
Price : $179,900
Square Footage : 2,878 Sqft
Year Built : 1930
Lot Area : 3,193 Sqft
Status : Active
Agent info
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent