23 Ridgewood Avenue Waterford, CT 06385

This two-family home offers a practical live-in and income setup with two separate units. The first-floor unit features three bedrooms and one bath, along with a living room fireplace that is not operational. The second-floor unit includes two bedrooms and one bath, with a waterview off the living room. Heating is provided by a single steam system using oil fuel, which may be of interest to buyers seeking to maintain one shared heating setup while operating both units. Updates mentioned in the property description include siding, roofing, a second-floor kitchen, and some flooring on both floors.

The home is located in Ridgewood Park and is described as being between and within walking distance of Ocean and Waterford Beach. There is also a walkway to Eugene O’Neill/Waterford Beach on Forest Street. The property description notes town-owned public water access points for activities such as kayaking, jet skiing, paddleboarding, and small boat use, and it references waterviews off the right side of the home as well as off the second-floor living room.

With its two-bedroom and three-bedroom layouts, fireplace presence (not operational), and multiple noted updates, this property may appeal to investors pursuing rental flexibility, or buyers who want to occupy one unit while renting the other. The described proximity to the water and nearby state parks supports a variety of long- and short-term rental strategies, as well as an owner-occupied beach-adjacent lifestyle.