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Joey Sandlin

sandlinrealtors@gmail.com +1(740) 222-5193

$ 324,900

Est. payment -/mo

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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 1885483

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+. 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.

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

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