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Sam Pecor

Real Broker LLC

sam@samsellshomes.me +1(207) 205-2680

Listed by Lauren Jones F.O. Bailey Real Estate

$1,195,000

Est. payment - /mo

4 Baths

2,352 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,352 sqft

Price per Sqft $508

MLS Listing ID 1671299

Style Townhouse

Full Baths 4

HOA Y/N No

Year Built 1895

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Source Maine Listings

Land Area 2352

Property Description

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.

Location

State ME

County Cumberland

Zoning 16

Rooms

Basement Interior Entry, Full, Unfinished

Interior

Interior Features 1st Floor Bedroom

Heating Gas Natural, Direct Vent Heater, Forced Air

Cooling None

Flooring Laminate, Wood

Laundry Washer Hookup

Exterior

Parking Features Common, Paved, 1 - 4 Spaces

Roof Type Shingle

Garage Yes

Building

Lot Description Business District, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Open Lot, Sidewalks, Near Public Transit

Foundation Stone, Brick/Mortar

Water Public

Architectural Style Colonial, New Englander, Other

Others

Tax ID WSBR-000028-000000-000213B

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NEARBY SCHOOL & BUSINESS

+1(207) 205-2680

sam@samsellshomes.me

63 Federal St # 3, Portland, ME 04101, United States

26, 27, 31 Cross ST Westbrook, ME 04092