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58 Gorman Ln, Reading, OH 45215

  • $324,900

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    bed

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    bath

Multi-family for sale 20 days
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About 58 Gorman Ln

Property type Multi-family
Neighborhood
Year built 1942
HOA fee $0/month
Lot size 6,316 Sqft
Rental estimate
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.
Listed by
Listing Agent - Glen Whitten
Listing Office - Ohio Property Group, LLC
Source: CincyMLS mls logo
MLS#1885483 • last updated 1 week ago
Movoto checked CincyMLS for data 7 minutes ago
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Overview
Cooling/AC Window Unit
Heating Electric, Radiant, Gas, Hot Water
Levels/Style Two
Type Residential Income
MLS # 1885483
Status Active
SubType Multi Fam 2-4 Units, Quad
Lot Size (SqFt) 6316
Lot Size (Acres) 0.145
Year Built 1942
Interior
Basement Full
Window Features Vinyl
Interior Features Storage Area
Fireplace None
Exterior
Foundation Block
Roof Shingle
Construction Brick
Garage Built In
Parking Off Street
Amenities / Utilities
Sewer/ Septic Public Sewer
Gas Natural
Gas/ Electric 175
Water Source Public
Miscellaneous Coin Laundry, Cable TV, Smoke Alarm
Location
County Hamilton
Area Hamilton-E03
High School District Reading Community Ci
Directions US 42/Reading Rd To Gahl Terrace To Gorman.
APN 671-0002-0127-00
Multifamily Details
1-Bedroom: # Units 2
Unit 2: # Full Baths 1
1-Bedroom: Rent 650
Unit 4: Rent 700
Unit 1: # Bedrooms 2
2-Bedroom: SqFt 800
Unit 1: Rent 1025
Unit 1: # Full Baths 1
Unit 2: # Bedrooms 1
Heat: Paid By Owner
Water: Paid By Owner
Unit 4: # Bedrooms 1
2-Bedroom: Rent 1000
1-Bedroom: SqFt 415
2-Bedroom: # Units 2
Unit 3: Rent 1000
Unit 3: # Bedrooms 2
Unit 2: Rent 600
Unit 4: # Full Bath 1
Unit 3: # Full Baths 1
Separate Furance No
Separate Gas/ Electric No
Separate Air Conditioning No
Expense: Water/ Sewer 203
Gross Income 3325
Expense: Waste Removal 106
Lot/ Land Details
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • OH
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  • 58 Gorman Ln

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