58 Gorman Lane, Reading, OH 45215

$324,900

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List Price
$324,900
Status
ACTIVE
MLS#
1885483
Lot Size
6,316
Levels
Two
Region
Hamilton-E03

Property Description

Fully leased 4-unit all brick building generating $3,325/mo, with an upside potential of $3700+. Rare 4-family in this neighborhood featuring 2-bedroom units. Property offers ample off-street parking, on-site storage, and vendor-managed coin laundry. Recently renovated units boast hardwood / premium vinyl plank floors, updated counters, cabinets, and baths. Tenants pay electric and cooking gas. Owner pays central heat, water, and trash (total $484/mo on average). Unit A (2BR): $1025 month-to-month. Unit B (Studio): $600 long-term tenant thru 9/30/26. Unit C (2BR): $1000 thru 10/8/26. Unit D (Studio): $700 thru 3/20/27. Rents are below market. All appliances and ACs stay. Great investment opportunity with instant and long-term potential! See pdf file for a list of major repairs. Video walkthroughs available upon request.

Additional Information

Acres
0.15
Construction
Brick
Roof
Shingle
Basement Desc
Full
Garage Desc
Built in
Cooling
Window Unit
Heating
Electric, Radiant, Gas, Hot Water
Sewer
Public Sewer
Water
Public
School District
Reading Community Ci

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Calculator source: Real Geeks

Courtesy of Glen Whitten with Ohio Property Group, LLC

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