58 Gorman Lane Reading OH 45215 (MLS# 1874360)

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58 Gorman Lane Reading OH 45215

Listing Information
Price	$334,900
Listing Number	1874360

Driving Directions
US 42/Reading Rd to Gahl Terrace to Gorman.

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Agent Remarks
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. Video walkthroughs available upon request.

Agent Remarks

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. Video walkthroughs available upon request.

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General Information
Property Type	Residential Income
Style	Multi Fam 2-4 units
County	Hamilton
Subdivision	Reading
Zip Code	45215
School District	Reading Community Ci
Listing Number	1874360

Property Features
Basement	Full
Parking	Off Street
Windows	Vinyl
Heating	Gas, Radiant, Electric, Hot Water
Cooling	Window Unit
Fireplace	None

Multi-Family Information
Total Units	4
1 Bedroom Units	2
2 Bedroom Units	2
Heat Paid	Owner
Separate Gas & Elec	No
Separate Furnace/AC	No/No

Additional Information
Levels	Two
Construction	Brick
Gas	Natural
Water	Public
Sewer	Public Sewer
Foundation	Block
Occupancy	At Closing
Semi-Annual Taxes	$2,354.00

Additional Features
Other Features	Coin Laundry, Cable TV, Smoke Alarm

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This listing courtesy of Glen Whitten (419-708-1235), Ohio Property Group, LLC (419-790-3106). All Information is believed accurate, but is NOT guaranteed.

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