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56 Gorman Ln
Cincinnati, OH 45215
Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.14 AC
Building Size 2,432 SF
Average Occupancy 100%
No. Stories 2
Year Built 1942
Parking Ratio 1.64/1,000 SF

ABOUT 56 GORMAN LN , CINCINNATI, OH 45215

Jennifer Donathan of KW Commercial has been retained as the exclusive agent to offer for sale 56 Gorman Avenue in Reading Ohio. This is an excellent opportunity to purchase a well maintained asset. 56 Gorman is a four unit garden style complex constructed of all brick. The roof is pitched shingle. The property has a total of 2432 square feet. The projects is comprised of 1 brick building, with four one bed / one bath units. Recent capital improvements include new kitchen cabinets, new bathrooms, refinished hardwood floors, new appliances, new hot water tanks and newer boiler. Utilities: Each unit is heated by gas boiler and air is provided by window a/c units. Tenants have separate electric panels. Tenants pay for electric and owner pays heat, water and trash. Parking: Private parking with 4 car garage or plenty of on-street parking. Amenities: The property has a common area laundry room. The property is also on the busline and close to shopping and retail. The property is located in Reading Ohio. Reading is approximately 2.89 square miles with a population of about 11,000. Reading is a central location bordered by Cincinnati's Roselawn neighborhood to the south, Amberley Village and Sycamore Township to the southeast, Blue Ash to the east, Evendale to the north, Lockland to the west, and Arlington Heights to the southwest. Reading has easy access to I-75, Ronal Reagan highway and access to I-71. Today Reading is most famously known for their bridal district. The Reading Bridal District is North America’s largest bridal district and home to more than 44 different wedding related businesses and services, all within a two mile radius of each other. Centered on Benson Street, Reading plays host to thousands of brides to be brides each year from all over the world.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 - 650

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
671-0002-0128
Land Assessment
$9,240
Improvements Assessment
$47,121
Total Assessment
$56,361
  • Listing ID: 18772452

  • Date on Market: 3/6/2020

  • Last Updated:

  • Address: 56 Gorman Ln, Cincinnati, OH 45215

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