Movoto Real Estate
Sold on 08/05/2022

702 Wayne, Sandusky, OH 44870

  • $382,000

    Last sold 08/05/2022 for $279K

  • bed

  • bath

Multi-family not for sale
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About 702 Wayne

Property type Multi-family
Neighborhood
Year built 1930
HOA fee $0/month
Lot size 8,184 Sqft
Movoto estimate
Rental estimate
Property description
6 UNIT, ZONED LOCAL BUSINESS. (Appraisal performed on this property July 15th put an "as is" value at $310,000. Will forward the appraisal opinion letter to interested parties) On beautiful historic Wayne St. Just blocks from downtown Sandusky's bars, restaurants, shops, Sandusky Bay, marinas, and Sandusky State Theater. All 6 units over the past recent years have been updated. 5 - 2 Bedrooms & 1 - 1 Bedroom. Tenants pay electric, owner pays, gas, water, garbage and electric for common areas. 2 coin operated Washers and 2 Dryers generates 160 per month. Parking. Boiler heat covers all but 2 units and unit #6 and #7 have their own gas forced air.
Listed by
Listing Agent - Jeffrey S Smith
Listing Office - Berkshire Hathaway HomeServices Pro. - Sandusky
Source: Firelands Association of REALTORS mls logo
MLS#20220979 • last updated 3 years ago
Movoto checked Firelands Association of REALTORS for data 17 minutes ago
Overview
Heating Forced Air, Hot Water, Gas
Levels/Style 2 Story
Status Sold
MLS # 20220979
Type Multiple Units
SubType 5-15 Units
Lot Size (SqFt) 8184
Lot Size (Acres) 0.1879
Semi-Annual Property Tax 1410.53
Year Built 1930
Interior
Exterior
Foundation Basement
Roof Asphalt, Slate
Exterior Construction Vinyl Siding, Wood
Parking Desc Off Street
# Parking Spaces 7
Amenities / Utilities
Electricity ON
Sewer/ Septic Public Sewer
Water Public
Location
Township Sandusky
Area Sandusky
County Erie
School District Sandusky
APN 57-04901.000
Multifamily Details
Gross Income 43960
Net Operating Income 27636
$382K
Range: $328K-$435K
Last 30 days 
Rental est.: $1,503/month
Gross rent multiplier: 15.5
  • Aug 2022
    mls logo MLS # 20220979
  • Aug 18, 2022 Sold
    $279,900
  • Aug 6, 2022 Pending
  • Apr 6, 2022 Contingent
  • Mar 28, 2022 Listed
    $279,900 (-6.7%)
  • Mar 25, 2022 Listed
    $299,900 (+376.0%)
  • Aug 2022
    Public Records
  • Aug 17, 2022 Sold
    $279,900
  • May 2008
    mls logo MLS # 705813
  • May 21, 2008 Sold
    $63,000 (+65.8%)
  • Aug 27, 2007 Listed
    $90,000 (-21.7%)
  • May 2008
    Public Records
  • May 15, 2008 Sold
    $38,000 (-57.8%)
  • Apr 2001
    Public Records
  • Apr 27, 2001 Sold
    $115,000
  • 702 Wayne
    $279K
  • Sandusky
  • 44870
    $229K -8% y/y
  • Sandusky
    $229K -8% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Erie County
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