Property profile

60 Park St Westerville, OH 43081

OFF-MARKET
Residential income homes
Property ID
US66-0759962
Built 1900
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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

Location

60 Park St Westerville, OH 43081
Westerville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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