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Executive Summary

12-unit multifamily in Port Clinton, Ohio featuring 8 one-bedroom and 4 two-bedroom units, all currently occupied. Gross rental income currently exceeds $125,000 annually with current rent rolls. Tenants cover electric; owner is responsible for heat, water/sewer, and garbage via a central hot water boiler system approximately 8 years old. Additional income from newly installed digital laundry system (Feb. 2026). Seller financing available to qualified buyers. Showings by appointment with signed LOI or approved financing only

Property Facts

Price $1,629,600 CAD
Price Per Unit $135,800 CAD
Sale Type Investment
Cap Rate 6.01%
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.59 AC
Building Size 8,550 SF
No. Stories 3
Year Built 1973

Amenities

Unit Amenities

  • Balcony

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - -
2+1 4 - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
021-1851324803000
Land Assessment
$71,186 CAD
Improvements Assessment
$156,413 CAD
Total Assessment
$227,600 CAD
  • Listing ID: 40347452

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: 630 W 6th St, Port Clinton, OH 43452

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