House for sale

Overview

Property has fire damage. The property was 60% renovated when there was a fire in the upstairs unit in 2021. The damaged unit is gutted out and completely repairable. The structure itself is in good shape. There is a potential for 10 bedrooms and 5 bathrooms. Main electric service for 5 units is new, however in-house wire will need replaced. Hot water tank is new and some plumbing has been started and will need finished. New HVAC is required. Shingle roof is 5 years old and will need fire damage repair. The property has a $20, 000 escrow held by the City of Sandusky. The escrow will be released to the buyer on Deed once the repairs are completed. After rehab value is $400, 000! Property sold in AS-IS condition. Property is located just a couple blocks from Lake Erie shores and close to Cedar Point and is located in the transitional housing zone for Sandusky. Utilities will not be turned on for inspections. No seller financing. Hard money or cash only. Make your best offer!!