58 Gorman Lane
Reading, OH 45215

$349,900

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Listing Details

$349,900
MLS# 1874360
Type Multi Unit - Multiple
Status Active

0.145 acres
Lot Size
1942
Year Built
Reading Community Ci
Local Schools

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Local Information

Listed By

Agency Name: Ohio Property Group, LLC
Agency Phone: 419-790-3106
Agent Name: Glen Whitten

Shown By

Agent Name: Tom Miller
Agent Phone: Cell: (937) 248-8226
Agency Title: Irongate Inc., Realtors

Home Value Estimate

Description

Fully leased 4-unit all brick building generating $3,325/mo. Features ample off-street parking, on-site storage, and vendor-managed coin laundry. Recently renovated units boast hardwood / luxury vinyl plank floors, updated counters, cabinets, and baths. Tenants pay electric and cooking gas. Owner pays central heat gas, water and trash (total $456/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. Great investment opportunity with instant and long-term potential!

Features

Window Unit
0 Fireplace
Electric, Radiant, Gas, Hot Water
2.0 Stories
$4,708 Taxes
Public
Built in 1942

Gallery