60 Park St Westerville, OH 43081
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 60 Park St
- Year built
- 1900
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Westerville
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9332651
- Latitude
- 40.1243667
