58 Gorman Lane, Reading, OH 45215

$324,900

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List Price
$324,900
Status
ACTIVE
Days on Market
115
MLS#
1885483
Year Built
1942
Lot Size
6,316
Acres
0.15
Neighborhood
Reading
MLS Area Major
Hamilton-E03

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.

Additional Information

Interior Features
Storage Area
Heating
Electric, Radiant, Gas, Hot Water
Air Conditioning
Window Unit
Exterior Construction
Brick
Stories
Two
Levels
Two
Roof
Shingle
Foundation
Block
Parking
Off Street
School District
Reading Community Ci

Courtesy of Glen Whitten with Ohio Property Group, LLC

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.