$ 650,000 $ 650,000

406 Cumberland ST

Westbrook, ME 04092

  • 4 Baths
    Full Baths: 3 Half Baths: 1
  • 2,848 SqFt
  • 8,712 Lot Size
  • 2005 Year Built
Unlock the power of dual income with this highly versatile two-unit property, perfectly positioned for the strategic investor. The ground level features a fully operational, licensed daycare facility — a recession-resistant tenant with a long term rock-solid lease in place, offering long-term stability and reliable income. Upstairs, a spacious 3-bedroom, 2-bath residential apartment boasts its own private entrance and full-floor layout, ideal for maximizing rental income or serving as an attractive owner-occupant unit. The apartment will be delivered vacant as of July 31st, offering immediate flexibility for leasing or personal use. Whether you're seeking strong cash flow from a stable commercial lease or looking to expand your portfolio with a turn-key mixed-use asset, this property checks every box. Don't miss out on this rare opportunity to own a property that generates income from day one — with upside potential built in.
Listed by Signature Homes Real Estate Group, LLC , Sold By Town Square Realty Group

PROPERTY DETAIL

  • Key Details

    Sold Price $650,000

    Property Type Multi-Family

    Listing Status Sold

    Square Footage 2, 848 sqft

    Price per Sqft $228

    MLS Listing ID 1627626

    Style Colonial

    Full Baths 3

    Half Baths 1

    Year Built 2005

    Annual Tax Amount $6,102

    Tax Year 2024

    Lot Size 8,712 Sqft

  • Location

    State ME

    County Cumberland

    Zoning RGA1

  • Building

    Lot Description Open, Level, Near Town

    Story 2

    Foundation Concrete Perimeter

    Sewer Public Sewer

    Water Public

    Structure Type Vinyl Siding,Wood Frame

  • Interior

    Heating Hot Water, Baseboard

    Cooling None

    Flooring Wood, Tile, Carpet

    Laundry Upper Level

  • Exterior

    Parking Features 5 - 10 Spaces, Paved, On Site, Off Street

    Fence Fenced

    View Y/N No

    Roof Type Shingle

  • Schools

    School District Westbrook Public Schools

SIMILAR HOMES FOR SALE

Check for similar Multi-Familys at price around $650,000 in Westbrook,ME

CONTACT

Matt And Gena Lamontagne
Matt And Gena Lamontagne

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message