1618 Mcdonough ST, Sandusky, OH 44870
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1618 Mcdonough ST, Sandusky, OH 44870
1618 Mcdonough ST, Sandusky, OH 44870
1618 Mcdonough ST, Sandusky, OH 44870
1618 Mcdonough ST, Sandusky, OH 44870
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$ 425,000
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1618 Mcdonough ST Sandusky, OH 44870

4,666 SqFt


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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,666 sqft

Price per Sqft $91

Subdivision Cookes Subdivision

MLS Listing ID 20264265

HOA Y/N No

Year Built 1925

Annual Tax Amount $3,030

Tax Year 2026

Lot Size 0.511 Acres

Property Sub-Type Multi Family

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.

Location

State OH

County Erie

Rooms

Basement Partial

Interior

Heating Natural Gas, Forced Air

Appliance Range, Refrigerator

Exterior

Utilities Available Electricity Connected

View Y/N No

Building

Foundation Basement

Sewer Public Sewer

Water Public

Schools

Elementary Schools Sandusky

Middle Schools Sandusky

High Schools Sandusky


Listed by Jeffrey S Smith • Berkshire Hathaway HomeServices Pro. - Sandusky
Cherisse Riney

Cherisse Riney

Agent License ID: SAL.2021001296

+1(925) 270-5735

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1618 Mcdonough ST