Great value add opportunity in well maintained building boarding the Bpt/Stratford line. investors take note to this 12 unit mixed use, 6-1 bedroom units, 4-2 bedroom units and 2 store fronts. 8 of 10 apartments have been updated with modern kitchens, tile baths, and vinyl floors. Vinyl windows throughout. 2 gas boilers, 1 newer. Newer high-efficiency water heaters. Coin operated washer/dryer in common area. Updated 600 Amp electric service. Parking lot in rear. Set just minutes to Bpt and Stratford train stations, restaurants and shopping, and all major highways. Below market rents, lots of potential value add.
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Listing courtesy of Basil Amso, Re/Max Right Choice Email: bamso@sbcglobal.net
1804 Barnum Avenue, Bridgeport, CT, 06610
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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