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 stay. Great investment opportunity with instant and long-term potential! See pdf file for a list of major repairs. Video walkthroughs available upon request.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Window Unit
Days on Market: 12
Fireplaces: 0
Heating: Electric, Radiant, Gas, Hot Water
Lot Size: 0.14 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $4,708
Year Built: 1942
Feature Descriptions
Exterior: Brick
Fireplace Features: None
Foundation: Block
Gas: Natural
Miscellaneous: Coin Laundry, Cable TV, Smoke Alarm
Parcel #: 671-0002-0127-00
Parking: Off Street
Sewer: Public Sewer
Total Buildings: 1
Units: 4
Water: Public
Window Features: Vinyl
Local Schools
School District: Reading Community Ci
58 Gorman Lane | MLS# 1885483
This multi-family property located at 58 Gorman Lane, Reading, OH 45215 is currently listed for sale with an asking price of $324,900. Gorman Lane is located within the Reading Community Ci school district. Search Reading real estate on www.kaszycarealestate.com today.