$300,000
166 N Sandusky Street
Delaware, OH 43015
MLS# 225026969
Status: Closed



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20250709_110954~2 Apt A-Entry Apt A-Kitchen Apt A-Dining Room Apt A-Dining Room Apt A - Bedoom 1 Apt A-Living Room Apt A-Living Room 2 Apt A-Bathroom Apt A Bedroom 2 Apt A - Stairway UP Apt B - Living Room Apt B-Living Room Apt B - Living Rm-Kitchen Apt B-Kitchen 2 Apt B-Kitchen Apt B-Bath Apt B - Bath Apt B-Bedroom Apt B Bdrm-Laundry Apt C Living Room Apt C-Kitchen Apt C Bedroom Apt C Bedroom 2 Apt C Bath Apt C Bedroom 2 Apt D Living Area Apt D - Living Area Apt D Kitchen Apt D Bath Apt D Shower 166 N Sandusky Mechanicals 166 N Sandusky - Furnace 166 N Sandusky - Hot Water Tank 166 N Sandusky Basement Storage 166 N Sandusky-Back Yard

Property Description
4-Unit Multi-Family Property in Downtown Delaware - Excellent Investment Opportunity! This spacious 4-unit property, offering nearly 2,700 sq. ft., is ideally located just a short walk from downtown Delaware, providing easy access to shopping, dining, and entertainment. With strong rental income potential and a recent history of updates, this property is a must-see for any investor looking to expand their portfolio. Apt A - 2 BR/1 BA - Rent is $1200/month, Apt. B - 1 BR/1 BA - Rent is $550/month, Apt. C - 2 BR/1 BA - Rent is $775/month, Apt. D - Studio/Efficiency - Rent is $500/month. All units are separately metered for electricity and gas, with tenants covering all utilities except for water, sewer, and trash (owner charges $25/month to cover these expenses). On-street parking is available in front, with additional off-street parking in the rear gravel lot. Recent updates include a new roof (2024), replacement of 7 windows in the past two years, new water heater for Apt. D, renovated bathroom in Apt. D within the last year, and new flooring in Apt. D. Leases are available through the MLS documents, and showing instructions are provided in the A2A remarks. Whether you're looking to manage the property long-term or looking for a turn-key investment, this is an excellent opportunity to secure a reliable income stream in a desirable area!

Details
Maps
Documents
General Property Info
Number of Units: 4
# of Buildings: 1
Building Sqft: 2692
Year Built: 1901
Built Prior to 1978: Yes
Lot Size (Side): 199
Acreage: 0.24
Use Code: 401 - APARTMENT:4-19 UNITS
Tax Info
Parcel #: 519-431-05-016-000
Mult Parcels/Sch Dis: No
Tax Year: 2024
Tax Abatement: No
Taxes (Yrly): 4891
Tax Incentive: No
Status Change Info
Under Contract Date: 2025-07-25
Sold Date: 2025-07-31
Sold Price: $300,000
Sold Price/SqFt: 111.44
Efficiency
Efficiency # of Units: 1
Efficiency Month Rent Per Unit: 500
Expenses
R.E. Taxes: 4821
Property Insurance: 5483
Repairs&Maintenance: 4230
Water Expense: 1438
1 Bedroom
1 Bedroom # of Units: 1
1 Bedroom Month Rent Per Unit: 550
2 Bedroom
2 Bedroom # of Units: 2
2 Bedroom Month Rent Per Unit: 1200775
Auction Info
Auction/Online Bidding Y/N: No
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Location Property Info
Original List Price: 320000
Sold Price: $300,000
Property Sub Type: Mixed Use
Street #: 166
Street PreDirection: N
Street Name: Sandusky
Street Suffix: Street
County: Delaware
State: OH
Zip Code: 43015
School District: DELAWARE CSD 2103 DEL CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2025-07-21
Property Features
Addl Acceptance Cond: None Known
Parking Features: On Street; Common
Owner Pays: Sewer; Trash; Water
Tenant Pays: Electricity; Gas
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Window Unit(s); None
Construction: Frame
Water Source: Public
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Miscellaneous: Basement; W/D Hookups
New Financing: Conventional; FHA
MLS Primary PhotoSrc: Realtor Provided

Listing Office: Howard Hanna Real Estate Services
Listing Agent: Heather R Kamann

Last Updated: July - 31 - 2025

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