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$324,900
58 Gorman Lane, Reading, OH 45215
About this home
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.
Facts & features
Interior
- Bedrooms
- 6
Property
- Property Type
- Residential Income
- Year Built
- 1942
- Lot Size
- 0.15 acres
Listing details
- Price
- $324,900
- Status
- Active
- Days on Market
- 47
- MLS Number
- 1885483
- Listing Agent
- Glen Whitten
- Brokerage
- Ohio Property Group, LLC
Features
- Style
- Multi Family
- Basement
- Full
- Heating
- Natural Gas, Electric, Radiant, Hot Water
- Cooling
- Window Unit(s)
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
Location
Reading, OH 45215
Request a tour
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