26 Cross St Westbrook, ME 04092
Westbrook AreaEstimated payment $6,868/month
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,301
Year Built
- Built in 1895
Lot Details
- 13,068 Sq Ft Lot
- Property fronts a freeway
- Level Lot
- Open Lot
Home Design
- Colonial Architecture
- New Englander Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,352 Sq Ft Home
- Multi-Level Property
- Washer Hookup
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- Main Floor Bedroom
- 4 Full Bathrooms
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 Uses Natural Gas
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 | -- | -- |
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: Maine Listings
MLS Number: 1671299
APN: WSBR-000028-000000-000257
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Ask me questions while you tour the home.
