Seller's Agent in 2025
Matt and Gena Lamontagne
Signature Homes Real Estate Group, LLC
(207) 749-0433
34 in this area
310 Total Sales
406 Cumberland St Westbrook, ME 04092
--
Bed
3.5
Baths
2,848
Sq Ft
8,712
Sq Ft Lot
Highlights
- Colonial Architecture
- No HOA
- Baseboard Heating
- Wood Flooring
- Porch
- Fenced
About This Home
As of August 2025Unlock 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.
Last Agent to Sell the Property
Signature Homes Real Estate Group, LLC Listed on: 06/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,102
Year Built
- Built in 2005
Lot Details
- 8,712 Sq Ft Lot
- Fenced
- Level Lot
- Open Lot
- Sprinkler System
Home Design
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,848 Sq Ft Home
- 2-Story Property
- Fire Sprinkler System
- Laundry on upper level
Flooring
- Wood
- Carpet
- Tile
Unfinished Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Exterior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Porch
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Propane
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 045A
- Assessor Parcel Number WSBR-000043-000000-000045A
Community Details
Overview
- No Home Owners Association
- 2 Units
- The community has rules related to deed restrictions
Building Details
- Operating Expense $17,195
- Gross Income $61,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2025
Closed on
Aug 4, 2025
Sold by
Wilson Christopher R
Bought by
Huynh Danny K and Vo Jenny
Seller's Agent
Matt and Gena Lamontagne
Signature Homes Real Estate Group, LLC
Buyer's Agent
Rebecca Lapierre
Town Square Realty Group
List Price
$650,000
Sold Price
$650,000
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.20%
Purchase Details
Closed on
Mar 29, 2005
Sold by
Back 9 Llc
Bought by
Wilson Christopher R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | -- | |
| Warranty Deed | $650,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Sold | $650,000 | 0.0% | $228 / Sq Ft |
| 06/21/2025 06/21/25 | For Sale | $650,000 | -- | $228 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $6,102 | $365,800 | $79,100 | $286,700 |
| 2022 | $5,515 | $304,700 | $65,900 | $238,800 |
| 2021 | $5,433 | $304,700 | $65,900 | $238,800 |
| 2020 | $5,442 | $304,700 | $65,900 | $238,800 |
| 2019 | $5,442 | $304,700 | $65,900 | $238,800 |
| 2018 | $5,107 | $256,000 | $59,300 | $196,700 |
| 2017 | $4,833 | $256,000 | $59,300 | $196,700 |
| 2016 | $4,710 | $256,000 | $59,300 | $196,700 |
| 2015 | $4,598 | $256,000 | $59,300 | $196,700 |
| 2014 | $4,403 | $256,000 | $59,300 | $196,700 |
| 2013 | $4,403 | $256,000 | $59,300 | $196,700 |
Source: Public Records
Agents Affiliated with this Home
-
Matt and Gena Lamontagne
-
Rebecca Lapierre
Buyer's Agent in 2025
Rebecca Lapierre
Town Square Realty Group
(207) 651-4529
1 in this area
136 Total Sales
Map
Source: Maine Listings
MLS Number: 1627626
APN: WSBR-000043-000000-000045A
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