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COMMENTS

Comments for 58 Gorman Lane, Reading, OH 45215

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 $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. Great investment opportunity with instant and long-term potential!

58 Gorman Lane | MLS# 1874360

This multi-family property located at 58 Gorman Lane, Reading, OH 45215 is currently listed for sale with an asking price of $349,900. Gorman Lane is located within the Reading Community Ci school district. Search Reading real estate on jonglista.irongaterealtors.com today.

DETAILS

Property Type: Multi Unit - Multiple Miscellaneous: Coin Laundry, Cable TV, Smoke Alarm

Basement: Full Parcel #: 671-0002-0127-00

Basement: Yes Parking: Off Street

Cooling: Window Unit Roof Type: Shingle

Days on Site: 7 Sewer: Public Sewer

Exterior: Brick Stories: 2.0

Fireplace Features: None Taxes: $4,708

Fireplaces: 0 Total Buildings: 1

Foundation: Block Units: 4

Gas: Natural Water: Public

Heating: Electric, Radiant, Gas, Hot Water Window Features: Vinyl

Interior Features: Storage Area Year Built: 1942

Lot Size: 0.14 Acres

UNITS

Unit Type 1:

Bedrooms: 2

Full Bath(s): 1

Rent: $1025.00

Unit Type 2:

Bedrooms: 1

Full Bath(s): 1

Rent: $600.00

Unit Type 3:

Bedrooms: 2

Full Bath(s): 1

Rent: $1000.00

Unit Type 4:

Bedrooms: 1

Full Bath(s): 1

Rent: $700.00

SCHOOL INFO

School District: Reading Community Ci

LISTED BY

/ SHOWN BY

Listed By

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

Shown By

Agent Name: Jon Glista
Agent Phone: (937) 620-8913
Agency Title: Irongate Inc., Realtors

DEMOGRAPHICS

Hamilton County Demographic Information for 58 Gorman Lane, Reading, OH 45215

Fips

Fips Code39061

Population

2020 to 2025 Changeup 0.9%

2010 Count802,374

2020 Count830,639

2025 Estimate (V2025)838,418

2020 Estimate (V2025)830,628

Age Distribution (Years Old)

0 to 46.1%

5 to 1722.6%

18 to 6454.0%

65 and Older17.3%

Gender

Male48.6%

Female51.4%

Place of Birth

Foreign6.3%

US93.7%

Education

High School Graduate, Age 25+92.7%

Bachelor's Degree or Higher, Age 25+41.8%

Computer and Internet use

Households with a computer95.1%

Households with a broadband Internet subscription91.3%

Language

English is Second Language, Age 5+8.1%

English is First Language, Age 5+91.9%

Veterans

Veterans34,838

Income

Per Capita Income$45,936

Median Household Income$72,470

People in Poverty14.2%

Commute

Average Work Commute Time23 minutes

Housing

Total Housing Units381,690

Households354,739

Average Household Size2.29

Owner-Occupied59.3%

Multi-Family35.8%

Owner-Occupied Median Value$241,900

Median selected monthly owner costs -with a mortgage$1,673

Median selected monthly owner costs -without a mortgage$707

Median gross rent$1,075

Building Permits

New Private Housing Issued 2024822

Years at Residence

1 Year or More86.3%

Less Than 1 Year13.7%

Business and Employment

Private non-farm Establishments21,087

Private non-farm Employment529,211

Private non-farm Employment Growthdown 1.0%

Nonemployer Establishments66,999

Number of Firms14,937

Business Production

Value of Shipments$23,656,887,000

Wholesale Trade$16,309,476,000

Retail Trade$13,273,606,000

Retail Sales Per Capita$14,411

Accommodation and Food Services$2,445,265,000

Land

Land Area405.91 sq. miles

Population Per Square Mile1,977

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Call: (937) 620-8913
Text: (937) 620-8913

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Mortgage Payment Calculation for 58 Gorman Lane, Reading, OH 45215

Price
Down
Payment %
Interest Rate
Loan Term years/fixed
Taxes yearly
Insurance yearly (estimated)
Est. Payment: $2,650.36 / per month

(Payments are an estimate and may vary by lender)

58 Gorman Lane, Reading, OH 45215$349,900

Comments for 58 Gorman Lane, Reading, OH 45215

58 Gorman Lane | MLS# 1874360

Hamilton County Demographic Information for 58 Gorman Lane, Reading, OH 45215

Mortgage Payment Calculation for 58 Gorman Lane, Reading, OH 45215

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