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26, 27, 31 Cross Street

Westbrook

$1,195,000

beds   ·   4 baths   ·   2,352 sqft   ·   0.12 acres   ·   taxes: $3,301   ·   MLS#: 1671299

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.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1895
  • Style : Colonial, New Englander, Other
  • Flooring : Laminate, Wood
  • Garage Spaces : 0.00
  • Roof : Shingle
  • Basement : Interior Entry, Full, Unfinished
  • Heating : Gas Natural, Direct Vent Heater, Forced Air
  • Cooling : None

Site

  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : 16
  • Road Surface Type : Paved
Listing provided by F.O. Bailey Real Estate

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.
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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy