Ohio / Cincinnati / 45215 / 56 Gorman Lane

56 Gorman Lane

Q: What is the asking price for 56 Gorman Lane in Cincinnati?

The asking price for 56 Gorman Lane is $239,900

Q: What is the building size of this Multifamily property in Cincinnati, OH?

The size of the building/unit at 56 Gorman Lane in Cincinnati is 2,432 square feet.

Q: How much land does the Cincinnati, OH property at 56 Gorman Lane include?

56 Gorman Lane in Cincinnati includes 0.147 acres of land.

Q: What is the population within 1 mile of 56 Gorman Lane?

The population within 1 mile of 56 Gorman Lane Cincinnati, OH 45215 is 9,267 people.

Q: Who do I contact for questions about 56 Gorman Lane?

You should contact the listing agent, Jennifer Donathan, for any details regarding this commercial listing.

Cincinnati, OH 45215

Listing ID: 267368

Print Single-Page Version

Building Size: 2,432 SF

Lot Size: 0.147 AC

Land Size: 6,403 SF

Building $/SF: $98.64

Land $/SF: $37.47

Price

$239,900

Property Highlights

Many Capital Improvements

Well Maintained

Turnkey - New Kitchens Baths

Value Add Opportunity - Below Market Rents

Description

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.

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Cincinnati History of Multifamily Housing for Sale

Loan and Amortization Calculator

Listing Price

Down Payment

Loan Amount:

Interest Rate:

Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 56 Gorman Lane Cincinnati, OH 45215

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		9,267	70,911	183,784
Population Median Age		39	40	40
Population by Age	0-9 Yrs	1339 (14%)	8944 (12%)	23187 (12%)
	10-19 Yrs	1060 (11%)	8451 (11%)	21583 (11%)
	20-29 Yrs	1125 (12%)	9077 (12%)	22486 (12%)
	30-39 Yrs	1120 (12%)	9238 (13%)	24254 (13%)
	40-49 Yrs	1292 (13%)	8514 (12%)	21861 (11%)
	50-59 Yrs	1342 (14%)	10117 (14%)	25241 (13%)
	60-69 Yrs	1168 (12%)	9087 (12%)	22993 (12%)
	70+ Yrs	820 (8%)	7484 (10%)	22180 (12%)

Median HH Income		$56,769	$57,886	$58,407
Total Household Income	< 24K	691 (18%)	6842 (22%)	17173 (21%)
	25-49K	1019 (26%)	6339 (21%)	17391 (21%)
	50-74K	683 (18%)	5038 (16%)	12970 (16%)
	75-99K	559 (14%)	3759 (12%)	9987 (12%)
	100-199K	647 (17%)	6055 (20%)	16120 (20%)
	200K+	189 (4%)	2119 (7%)	5482 (6%)

Highest Education Level	No Diploma	810	4590	11653
	Diploma or GED	2389	13206	32497
	Some College	1373	9498	24656
	Assoc. Degree	437	3862	10431
	Bachelors Degree	935	10734	29929
	Higher Degree	503	7553	20606

Total Housing Units		4,158	32,955	86,392
--Owner-Occupied		2,315	18,230	46,735
--Renter-Occupied		1,474	11,923	32,388
Owner-Occupied Values	< 100K	660	3659	10315
	100-199K	1267	8056	19295
	200-299K	259	2505	7455
	300-399K	44	1622	4200
	400-499K	34	916	2122
	500K+	51	1472	3348

Total Working Age Population		7,367	56,720	146,756
In Work Force		5,015	37,641	96,446
Not In Work Force		2,353	19,078	50,309
Workforce Employed		4,796	35,644	91,894
Workforce Unemployed		219	1,972	4,527
Civlian Workforce		5,015	37,616	96,421
Military Workforce		0	25	25

Total Households		3,789	30,153	79,123
Family Households		2,278	17,650	45,758
Non-Family Households		1,511	12,503	33,365
Married Couple		1,499	12,141	31,482
Other Family		779	5,509	14,276
Married w/Child		680	4,869	12,343
Single Male w/Child		124	582	1,292
Single Female w/Child		175	2,132	5,891

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Ohio	11,353,140	+2	11,536,504	0	11,574,870	0	11,615,100
Butler County	332,807	+11	368,130	+6	390,110	+5	410,960
Hamilton County	845,303	-5	802,374	-1	790,600	-1	785,900
Warren County	158,383	+34	212,693	+6	225,770	+4	235,640

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 56 Gorman Lane in Cincinnati?

The asking price for 56 Gorman Lane is $239,900

What is the building size of this Multifamily property in Cincinnati, OH?

The size of the building/unit at 56 Gorman Lane in Cincinnati is 2,432 square feet

How much land does the Cincinnati, OH property at 56 Gorman Lane include?

56 Gorman Lane in Cincinnati includes 0.147 acres of land

What is the population within 1 mile of 56 Gorman Lane in Cincinnati?

The population within 1 mile of 56 Gorman Lane Cincinnati, OH 45215 is 9,267 people.

Who do I contact for questions about 56 Gorman Lane?

You should contact the listing agent, Jennifer Donathan, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
400 Springfield Pike, Cincinnati, OH	$860,000	9400	0.54
1627 Summit Road, Cincinnati, OH	$199,900	2706	0.14
6110 Stover Avenue, Cincinnati, OH	$396,000	3720	0.28
5207 Montgomery Road, Cincinnati, OH	$765,000	9978	0.5
7631 Daly Road, Cincinnati, OH	$1,250,000	50	5.82
2751 Arbor Avenue, Cincinnati, OH	$552,000	2916	0.18
7508 Elizabeth Street, Cincinnati, OH	$265,000	3370	0.14
1920 Dallas Avenue, Cincinnati, OH	$299,900	3850	0.17
711 Ridgeway Avenue, Cincinnati, OH	CALL	19812	0.04
2630 Stanton Avenue, Cincinnati, OH	$325,000	5078	0.27

Closest Commercial Airports

Airport	Distance (mi)
Cincinnati Northern Kentucky International Airport (CVG)	18
James M Cox Dayton International Airport (DAY)	48
Blue Grass Airport (LEX)	83