NOT LISTED FOR SALE

53 Gorman Ln Reading, OH 45215

-- Bed
-- Bath
-- Sq Ft
5,489 Sq Ft Lot

Last Sold December 13, 2021

Last sale price $238,000

23 Days on Market

About This Home

As of December 2021

Location! These two four families are in the perfect location on a quiet street. They stay full and are in great condition. This one and 55 Gorman are being sold as a pair. New roofs, and windows for both buildings. Window A/C in some and built in A/C in others. Plenty of parking and garages are used by tenants as well.

Last Agent to Sell the Property

Ruth Flath

Comey & Shepherd License #2012000463 Listed on: 10/08/2021

Last Buyer's Agent

Staci Shelby

Keller Williams Seven Hills Re License #2020000870

Keller Williams Seven Hills Re

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,008

Year Built

  • Built in 1942

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 64.96 x 125

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Separate Meters

Community Details

Amenities

  • Coin Laundry

Building Details

  • Water Sewer Expense $2,164
  • Gross Income $27,600
  • Net Operating Income $20,931

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,008

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Suburb: Reading
  • Cross Street: Gahl
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 232.10
  • Cooling: Window Unit
  • Heating: Radiant
  • Lot Area Realist: 5489.00
  • Suburb S I C: Reading
  • Price Per Acre: 1888888.89
  • Year Built: 1942
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Reading Rd to Gahl, at stop sign make right, buildings on right
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: At Closing
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 20931.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 1833
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-554-1800
  • Semi Annual Taxes: $2504
  • Waste Removal: 168
  • Water Paid: Owner
  • Basement: Partial
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Vinyl
  • One Bedroom Rent: 575.00
  • One Bedroom Number of Units: 4

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 245000.00
  • Acres: 0.1260
  • New Construction: No

Garage/Parking

  • Garage: Built in,Rear
  • Garage Spaces: 2.00
  • Parking Spaces: 4
  • Parking: Lot, Garage

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2164

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 2504

Schools

  • District: Reading Community Ci

Lot Info

  • Lot Dimensions: 64.96 x 125
  • Lot Size Sq Ft: 5489.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 27600.00
  • Total Buildings: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2022 03/14/22 Off Market $238,000 -- --
12/13/2021 12/13/21 Sold $238,000 -2.9% --
11/01/2021 11/01/21 Pending -- -- --
10/26/2021 10/26/21 For Sale -- -- --
10/10/2021 10/10/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $245,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ruth Flath

    Comey & Shepherd

    Section Image
  • Staci Shelby

    Buyer's Agent in 2021

    Staci Shelby

    Keller Williams Seven Hills Re

    (513) 703-5880

    4 in this area

    107 Total Sales

    Staci Shelby
    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1718487

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Reading 45215

53 Gorman Ln, Reading, OH

Not Listed for Sale

MultiFamily

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