406 Cumberland ST new Save Request In-Person Tour Request Virtual Tour
Westbrook,ME 04092
Key Details
Property Type Multi-Family
Listing Status Active
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
Property Description
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.
Location
State ME
County Cumberland
Zoning RGA1
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
Building
Lot Description Open,Level,Near Town
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
Schools
School District Westbrook Public Schools