56-58 Gem Avenue, Bridgeport (North End), CT, 06606 | $425,000

Attention Investors and Owner-Occupants! Don't miss this spacious two-family home in Bridgeport, brimming with potential. The exterior boasts great curb appeal, while the interior is ready for your vision and cosmetic upgrades. The first-floor unit features 3 bedrooms and 1 bath, while the second-floor unit has a total of 3 bedrooms and 1 bath, with a balcony leading to a walk-up attic. Enjoy the convenience of off-street parking and a generously sized private backyard, perfect for relaxing or entertaining. Situated on a corner lot in a quiet cul-de-sac, this property is ideally located near highways, shopping, restaurants, St. Vincent's Medical Center, and more. Whether you're looking to invest or create a home with additional rental income, this property is full of opportunity. Schedule your tour today before it's gone! SOLD AS-IS.

Features

  • Town: Bridgeport
  • Rooms: 11
  • Bedrooms: 6
  • Baths: 2 full
  • Units: 2
  • Style: Units on different Floors
  • Year Built: 1902
  • Heating: Hot Air
  • Cooling: None
  • Basement: Full
  • Above Grade Approx. Sq. Feet: 2,770
  • Acreage: 0.11
  • Est. Taxes: $7,314
  • Lot Desc: Corner Lot,Level Lot,On Cul-De-Sac
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • MLS#: 24060985
  • Website: https://www.raveis.com
    /prop/24060985/5658gemavenue_bridgeport_ct?source=qrflyer
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Listing courtesy of Keller Williams Realty Prtnrs.

William Raveis Family of Services

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Customer Service

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
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56-58 Gem Avenue, Bridgeport (North End), CT, 06606

$425,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $340,000 $340,000 $340,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $610 $610 $610
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,348 $2,291 $2,892
Total Monthly Payment $3,033 $2,976 $3,577

* 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.