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$ 349,900
Est. payment /mo
Active
58 Gorman Ln Reading, OH 45215
6,316 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1874360
Year Built 1942
Lot Size 6,316 Sqft
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
Fully leased 4-unit all brick building generating $3,325/mo, with an upside potential of $3700+. Features 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 stay. Great investment opportunity with instant and long-term potential! See pdf file for a list of major repairs.
Location
State OH
County Hamilton
Area Hamilton-E03
Zoning Multi Family
Rooms
Basement Full
Interior
Interior Features Storage Area
Heating Electric, Radiant, Gas, Hot Water
Cooling Window Unit
Fireplaces Type None
Window Features Vinyl
Exterior
Parking Features Built in
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Reading Community Ci
Others
Miscellaneous Coin Laundry,Cable TV,Smoke Alarm
Listed by Ohio Property Group, LLC
Nearby Locations