26, 27, 31 Cross Street, Westbrook, ME 04092
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
26, 27, 31 Cross Street,Westbrook, ME 04092
$1,195,000
- - Beds
- 4 Baths
- 2,352 sq. ft.
- Multi-family
- Active
Office: f.o. bailey real estate
MLS#:1671299
Source:ME_MREIS
Price summary
- Price:$1,195,000
- Price per sq. ft.:$508.08
About this home
9.5% cap rate! A unique three property portfolio in the heart of Westbrook offers immediate income potential and long term value. This rare opportunity includes two updated single family homes on separate lots and a carefully maintained two unit building, creating an exceptional package for investors seeking a presence in one of Greater Portland's most dynamic communities. At 26 Cross Street, the two unit residence features spacious three bedroom layouts, each with private back decks, separately metered heat and electricity, and convenient access through both front and rear stairwells. A detached two car garage and large driveway add to tenant appeal, while recent upgrades such as a 2021 roof and a four year old heating system provide efficiency and peace of mind. Both units are tenant occupied on a month to month basis, generating immediate cash flow while allowing flexibility for future owner occupancy or repositioning. 27 and 31 Cross Street are single family homes on their own lots, each offering three to four bedrooms, bright kitchens with generous natural light, and large living spaces with newly refreshed hardwood floors. Recent improvements include updated heating systems, newer windows, and fresh exterior paint. Both homes also feature dedicated parking and sizable yards, enhancing resident appeal and rental stability. Located just steps from Westbrook's downtown, with its growing mix of restaurants, breweries, riverfront trails, and daily conveniences, this portfolio delivers a combination of modern updates, strong rental history, and room for future growth. For the investor, 26, 27 and 31 Cross Street represent not just property, but a well timed entry into Westbrook's continued renaissance....
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Home facts
- Year built:1895
- Listing ID #:1671299
- Updated:August 03, 2026 at 10:20 AM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Laminate, Wood
- Bedroom Description:1st Floor Bedroom
- Basement Description:Full, Interior Entry, Unfinished
- Living area:2,352 sq. ft.
Heating and cooling
- Heating:Direct Vent Heater, Forced Air, Gas Natural, Heating
Structure and exterior
- Roof:Shingle
- Year built:1895
- Building area:2,352 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Business District, Intown, Level, Near Public Transit, Near Shopping, Near Turnpike/Interstate, Neighborhood, Open Lot, Sidewalks
- Architectural Style:Colonial, New Englander
- Construction Materials:Vinyl Siding, Wood Frame
- Foundation Description:Brick/Mortar, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,195,000
- Price per sq. ft.:$508.08
- Tax amount:$3,301 (2023)
Features and amenities
- Laundry features:Washer Hookup
Parking
- Parking description:1 - 4 Spaces, Common, Paved
- Garage:Yes
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