Portland |  2 Unit 

 

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528 – 530 Brighton Ave

 

Lovely well-maintained 2 unit with many upgrades located in desirable Rosemont neighborhood. Both units are oversized 2 bedroom units. Property has hardwood floors throughout, large kitchens and original built ins. Highly efficient natural gas heat. The driveway with off street parking for both units is located on a side street. There is storage in the garage and the basement. The third floor was finished at one point and just needs some imagination to expand. High efficiency heat system was added with room for expansion for 3rd floor. Rents are currently below market.

 

Income/Expenses

 

1st floor Rent - $1450, includes heat, hot water, water & sewer, month-to-month lease.

2nd floor Rent - $1475, includes heat, hot water, water & sewer, month-to-month lease.

 

Water/sewer – last 12 months $1465

Until – last 12 months $2406

Insurance – $1560 per year

Taxes - $5,951.60

 

Improvements

 

Entire roof replaced in November of 2011. Replaced with lifetime Certainteed Landmark shingles and new plywood sheathing.

 

Heating System – Boiler and hot water project took place in October of 2012, installed by Pine State Services. Buderus GB 142/30 boiler with 106,000 BTUS (expandable for additional unit/3rd floor space).  Super Stor 45-gallon water heater/tank.  Pensotti panel radiators with thermostatic control valves.  Project cost was $23,000. 

 

All windows have been recently replaced.

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Group Showings on Tuesday, 9/4 from 4-5 pm and Wednesday, 9/5 from 2:30-3:30 pm.