432 E Washington St - Apartments FOR SALE


Sandusky, OH 44870
$1,599,000 USD
419-706-2365
432 E Washington St, Sandusky, OH for Sale
$1,599,000 USD
Apartments - FOR SALE
1/34
null | Request Cap Rate

432 E Washington St
Sandusky, OH 44870


OVERVIEW

?? Prime Downtown Sandusky, Ohio Investment Opportunity ?? Discover an exceptional real estate portfolio spanning an entire city block in the heart of Downtown Sandusky, Ohio, just two blocks from the waterfront. This rare offering includes: 12-Unit Apartment Building Quadplex (4 Units) Private Parking Lot Vacant Buildable Lot—perfect for future development! ? Property Highlights: ? Flexible Development Potential—a full block of frontage offers endless possibilities for creative reimagining or expansion. ? 12 of 16 Units Fully Upgraded—modern finishes, updated systems, and move-in ready! ? High-Value Growth Area—surrounded by new homes valued over $1 million in a thriving neighborhood. ? Unbeatable Location—steps from shops, restaurants, entertainment, and Sandusky’s vibrant waterfront. ? City-Backed Enhancements—multi-million-dollar infrastructure improvements, including a scenic bike trail, lush grass median, and brand-new streets enhancing the area’s appeal. ? Buildable Lot Included—unlock additional value with prime land ready for new development. Whether you’re seeking a stable income-producing asset or envisioning a bold new project in one of Ohio’s fastest-growing lakefront communities, this portfolio delivers unmatched potential in a highly desirable location. ?? Contact us today to explore this unique Downtown Sandusky opportunity!

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/SF

$210 USD /SF

# OF UNITS

16

PRICE/UNIT

$99,938

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Sandusky Apartment Portfolio

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

56-00067-000,56-00075-000,56-00076-000,56-00109-000

ASK ABOUT THIS PROPERTY

Tarina SidotiBerkshire Hathaway - Tarina & TeamMore Info
419-706-2365

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Tarina SidotiBerkshire Hathaway - Tarina & TeamMore Info
419-706-2365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.