60 Park St, Westerville, OH 43081
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.