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$650,000

  • Sold
  • Closed
  • Multi-Family
  • 2 Units
  • 0.2 Acres
See This Home
Save This Home
See This Home
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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.

Full Property Details for 406 Cumberland St

General

  • Sold For: $650,000
  • Taxes: $6,102 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1627626
  • Added to Site: 211 day(s) ago

Interior

  • Flooring: Wood, Tile, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Other Rooms

  • Laundry: Upper Level

Additional Information

  • Security/Safety: Sprinkler

Exterior

  • Porch/Patio/Deck: Porch

Parking

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

Location

  • County: Cumberland

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Construction: Vinyl Siding, Wood Frame
  • Roof: Shingle
  • Stories/Levels: 2
  • Building Size: 2848
  • Square Feet: 2,848
  • Living Area: 2,848 Sq. Ft.
  • Finished Total: 2,848 Sq. Ft.
  • Finished Above Grnd: 2,848 Sq. Ft.
  • Year Built: 2005

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Size Source: Public Records
  • Zoning: RGA1
  • Lot Description: Open, Level, Near Town
  • Fencing (Description): Fenced

Financial Considerations

  • Tax Amount: $6,102
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 045A

Listed by Signature Homes Real Estate Group, LLC (207) 805-1062
Sold by Town Square Realty Group (207) 324-2860

Listing agent

— 406 Cumberland St —

  • Signature Homes Real Estate Group, LLC

    207-805-1062

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 406 Cumberland St

School District:Westbrook
NameGradesDistance
Westbrook High School
125 Stroudwater Street, Westbrook, ME 04092
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 406 Cumberland St

Date
Details
Price
Change
Source
8/04/2025
Sold
$650,000
—
MLS
6/21/2025
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Signature Homes Real Estate Group, LLC (207) 805-1062
Sold by Town Square Realty Group (207) 324-2860

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Price Reduced near 406 Cumberland St

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8 Western Ave, Gorham, ME 04038 - Photo 1 Price Reduced
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Recent Sales near 406 Cumberland St

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406 Cumberland Street, Westbrook, ME 04092 (MLS# 1627626) is a Multi-Family property that was sold at $650,000 on August 04, 2025. Want to learn more about 406 Cumberland Street? Do you have questions about finding other Multi-Family real estate for sale in Westbrook? You can browse all Westbrook real estate or contact a Coldwell Banker agent to request more information.