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    OFF-MARKET
    Residential income homes

    60 Park St, Westerville, OH 43081

    Built 1900
    Property ID
    US66-0759962
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 1-unit multifamily property located at 60 W Park Street in Westerville, Ohio, 43081. Priced at $394,900, this property boasts a desirable location, close to Uptown Westerville and State Street's vibrant amenities and restaurants. The 1,306.8 square foot lot features a charming building constructed in 1900, offering 5 bedrooms, 2 full bathrooms, and 1 half bathroom. Four convenient onsite parking spots are included. The property is currently leased until May 9th, 2025, providing immediate rental income, and presents the potential for owner-occupancy after lease expiration. Significant improvements have been made, including window replacement (2009), roof replacement (2011), gutter replacement (2012), and a new HVAC system (2024). The property features a masonry exterior, a large front porch, beautiful wood floors, exterior walkup basement stairs, and a large unfinished third-floor attic. The first floor ceilings boast impressive 9+ foot heights. Additional features include a desirable location and the potential for strong rental income. The property is being sold AS IS. This is a rare opportunity to acquire a well-maintained, income-producing property in a prime Westerville location.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1900
    UPID US66-0759962
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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