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188 Spring Street
House in Ossining •  building info
5bd • 5ba • 3,000ft² $232 per ft²
Sold price

$695,000

Description
5 Units in Ossining! 8.28 CAP RATE! 7.9 GRM. Solid Cash Flowing Building. 5 Free Market Apartments, 100% Occupied, with Long Term Tenants. There is additional upside in increasing rents, several lease terms coming due, and a vacant 3-bay garage/workshop. Opportunity to purchase with 204/206 Spring Street for a 10 UNIT Package Sale.

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Building Amenities
Parking Available
History
What it'll cost
Purchase price
$695,000
Asking Price: $695,000
Term
30 Years
Down Payment
$69,000 (10%)
Min: 10% (69,000)
Rate
6.5 %
Mortgage Amount
$625,500
Mortgage Payment
$3,954
Taxes
$1,319
Estimated closing cost
$21,000
Total monthly cost $5,273
Listing Courtesy of Keller Williams Realty Partner

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