Discover the potential of this duplex located in a historic district in the East Side of Bridgeport, Connecticut. With two units, each offering two bedrooms and one bathroom, this property could present an excellent opportunity for both investors and homeowners alike. Situated in a location known for its convenience and amenities, this duplex is well positioned to capitalize on Bridgeport's rental market. With lots of value-add potential, there's room to enhance and upgrade, increasing both rental income and in turn the property's value. Embrace the charm of Bridgeport architecture while envisioning modern updates that could transform this property into a lucrative investment. Complete with a backyard space, this duplex provides a private area for residents of both units. Whether you're seeking a savvy investment or a dual-living arrangement with rental income, this East Bridgeport duplex offers versatility and promise. Property Sold "AS IS"
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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 | $239,999 | $239,999 | $239,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $336 | $336 | $336 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,497 | $1,458 | $1,897 |
Total Monthly Payment | $1,908 | $1,869 | $2,308 |
* 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.