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Two-Family Investment Opportunity on the East Side of Bridgeport, CT and being listed As-Is (Investor or Cash Purchasers Preferred). Discover the potential in this spacious 2-family home located in the heart of Bridgeport, Connecticut. Offering over 2, 800+ square feet of living space, making it ideal for a savvy investor or owner-occupant looking for future value. The property sits on a fenced-in lot with a large, paved backyard that provides ample off-street parking. Basement is unfinished and perfect for storage or future development. Sold strictly As-Is and may not qualify for FHA or CHFA financing. This is a foreclosure sale, and any transaction will require written approval from the foreclosing lender. Ideal for cash buyers or experienced investors who are ready to bring this property back to life. Inquire today for more details and don't miss this opportunity to invest in a property with strong income potential in a high-demand rental market area. Since it is owner / tenant occupied - showings will be limited to weekends only. Saturday and Sunday between 12-4pm.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $336,000 | $336,000 | $336,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.132% |
Monthly Tax Payment | $579 | $579 | $579 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,096 | $2,207 | $2,813 |
Total Monthly Payment | $2,750 | $2,861 | $3,467 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.