$1,195,000

Estimated payment $6,767/month

Total Views 564
-- Bed
4 Baths
2,352 Sq Ft
$508 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Property is near public transit and shops
  • Main Floor Bedroom
  • Forced Air Heating System

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.

Listing Agent

Lauren Jones

F.O. Bailey Real Estate Listed on: 07/10/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,301

Year Built

  • Built in 1895

Lot Details

  • 5,227 Sq Ft Lot
  • Property fronts a freeway
  • Level Lot
  • Open Lot

Home Design

  • 2,352 Sq Ft Home
  • Colonial Architecture
  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms

Laundry

  • Washer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Garage
  • Common or Shared Parking

Location

  • Property is near public transit and shops
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tax Lot 213 & 213B

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $25,774
  • Gross Income $139,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,301

Year Built

Built in 1895

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 2352.00
  • Architectural Style: Colonial, New Englander, Other
  • Garage Yn: Yes
  • Structure Type: Townhouse
  • Year Built: 1895
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Full, Unfinished
  • Full Bathrooms: 4
  • Flooring: Laminate, Wood
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Business District, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Open Lot, Sidewalks, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Stone, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common, Paved, 1 - 4 Spaces

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas Natural, Direct Vent Heater, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.20
  • Zoning: 16

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 139080.00
  • Annual Operating Expense: 25774.00

Tax Info

  • Tax Annual Amount: 3301.00
  • Tax Lot: 213 & 213B
  • Tax Year: 2023

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $5,358 $321,200 $81,900 $239,300
2022 $4,862 $268,600 $68,300 $200,300
2021 $4,830 $270,900 $70,600 $200,300
2020 $4,838 $270,900 $70,600 $200,300
2019 $4,838 $270,900 $70,600 $200,300
2018 $3,978 $199,400 $61,400 $138,000
2017 $3,778 $200,100 $61,400 $138,700
2016 $3,682 $200,100 $61,400 $138,700
2015 $3,594 $200,100 $61,400 $138,700
2014 $3,442 $200,100 $61,400 $138,700
2013 $3,442 $200,100 $61,400 $138,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2026 07/10/26 For Sale $1,195,000 +528.9% $508 / Sq Ft
04/28/2017 04/28/17 Sold $190,000 -24.0% $86 / Sq Ft View Prior Sale
03/10/2017 03/10/17 Pending -- -- --
12/10/2016 12/10/16 For Sale $250,000 -- $113 / Sq Ft
Source: Maine Listings

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $85,000 Unknown
Source: Public Records

Source: Maine Listings

MLS Number: 1671299

Maine Listings

APN: WSBR-000028-000000-000257

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