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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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262731 26, 27, 31 Cross St , Westbrook, ME 04092
$1,195,000
Est. Payment: $6,165.69/mo
0 Bed
4 Bath
2352 Sqft
Status: active | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Lauren Jones , 207-650-9247 F.O. Bailey Real Estate , 207-781-1111. Maine Real Estate Information System, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1895

County

Cumberland

Listing ID

1671299

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:4
Floor:Laminate,Wood
Above Ground Sq Ft:2352
Below Ground Sq Ft:0
Basement:Interior Entry,Full,Unfinished
Other:1st Floor Bedroom
Other:Public

Exterior Features

Lot:Business District,Intown,Near Shopping,Near Turnpike/Interstate,Neighborhood,Level,Open Lot,Sidewalks,Near Public Transit
Zoning:16
Roof:Shingle
Sewer:Public Sewer
Parking Features:Common,Paved,1 - 4 Spaces
Principal Interest
$6,166
Taxes
$275

Home Price

$1,195,000

Loan Details

30 yrs
6.695%

Down Payment

20%
$239,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,165.69

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,165.69 $275.08 $0.00 $6,440.77
Yearly $73,988.25 $3,301.00 $0.00 $77,289.25
Total $2,219,647.36 $99,030.00 $0.00 $2,318,677.36

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Westbrook, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing data is derived in whole or in part from the Maine IDX & is for consumers personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.


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Data last updated: 2026-08-02T07:29:11.000Z

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