58 Gorman Lane

Reading OH 45215

6316 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

6 bedrooms

4 bathrooms

4 carspaces

4 open car spaces

6316 sq. ft. lot size

Multi-Family

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Local market activity for 6 bedroom multi families in Reading

In the last 12 months, 7 six-bedroom multi families similar to 58 Gorman Lane, have been sold.

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Glen Whitten

at Ohio Property Group, LLC

View listing

Sales:: (619) 566-0008

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