This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
56 Gorman Ln
Cincinnati, OH 45215
Multifamily Property For Sale
·
4 Units

PROPERTY FACTS
| No. Units | 4 | Building Size | 2,432 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1942 |
| Lot Size | 0.14 AC | Parking Ratio | 1.64/1,000 SF |
| 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
| Parcel Number | 671-0002-0128 | Improvements Assessment | $47,121 |
| Land Assessment | $9,240 | Total Assessment | $56,361 |
PROPERTY TAXES
Listing ID: 18772452
Date on Market: 3/6/2020
Last Updated:
Address: 56 Gorman Ln, Cincinnati, OH 45215
The Reading Multifamily Property at 56 Gorman Ln, Cincinnati, OH 45215 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
- East Cincinnati Apartment Buildings
- Downtown Cincinnati Apartment Buildings
- North Hamilton Apartment Buildings
- Northside Apartment Buildings
- Brentwood Apartment Buildings
- City Center Apartment Buildings
- Over-The Rhine Apartment Buildings
- Mount Adams Apartment Buildings
- Clifton Apartment Buildings
- Walnut Hills Apartment Buildings
- East Walnut HIlls Apartment Buildings
- North Avondale Apartment Buildings
