194 Adams Street, Bridgeport (East End), CT, 06607 | $569,000

Discover the perfect blend of comfort, convenience, and opportunity in this redone multifamily property. Ideally located just blocks from the waterfront, this home offers the chance to enjoy a coastal lifestyle while also benefiting from the flexibility and income potential of owning a multifamily. Each unit features 2 spacious bedrooms and 1 modern bathroom, with thoughtful renovations throughout. This home has been carefully upgraded with all the essentials you want in a move-in-ready property, including a **NEW ROOF, UPGRADED ELECTRICAL PANEL, UPDATED TILED BATHROOMS, NEW PAINT, and PAVED ASPHALT DRIVEWAY that provides plenty of parking for both residents and guests. The 2nd floor apartment features hardwood floors throughout. The unfinished attic can provide additional living space as can the unfinished basement. This home has plenty of potential! Set on a wide street in a welcoming neighborhood, the property is just steps from Newfield park, making it easy to enjoy outdoor recreation right in your community. With quick and convenient access to I-95, commuting is simple, while nearby shops, dining, and waterfront activities add to the lifestyle appeal. It has a private background big enough to host an outdoor BBQ with family & friends. Whether you're looking to live in one unit while renting the other, create a multi-generational living space, or simply invest in a turnkey property close to the water, this home is a rare find that checks every box!

Features

  • Town: Bridgeport
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full
  • Units: 2
  • Style: Units are Side-by-Side
  • Year Built: 1923
  • Heating: Hot Air,Other
  • Cooling: None
  • Basement: Full,Unfinished
  • Above Grade Approx. Sq. Feet: 2,936
  • Acreage: 0.12
  • Est. Taxes: $6,463
  • Lot Desc: N/A
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • MLS#: 24128309
  • Website: https://www.raveis.com
    /raveis/24128309/194adamsstreet_bridgeport_ct?source=qrflyer
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NMLS Mortgage Loan Originator ID 12303

203.913.1633

Jorge.Rivera@Raveis.com

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194 Adams Street, Bridgeport (East End), CT, 06607

$569,000

Team AFA - Darien

Luxury Properties Specialists

William Raveis Real Estate

Phone: 203.256.3264

Al@Raveis.com

Jorge L Rivera

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.913.1633

Jorge.Rivera@Raveis.com

NMLS Mortgage Loan Originator ID 12303

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $455,200 $455,200 $455,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.866%
Monthly Tax Payment $539 $539 $539
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,726 $2,840 $3,750
Total Monthly Payment $3,357 $3,471 $4,381

* 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.