$550,000
OPEN FRI 11AM - 2PM $100K PRICE DROP

7 Preston Way Cumberland Center, ME 04021

West Cumberland Neighborhood

Estimated payment $3,374/month

Total Views 5,680
-- Bed
2 Baths
1,597 Sq Ft
$344 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • Cape Cod Architecture
  • No HOA
  • Mabel I. Wilson School Rated A-
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

Investors take notice! Here is your opportunity to own two, free standing homes with a detached garage including storage above. Whole house generator that will run both homes. Each home has its own private yard. Privacy fence has been installed the length of the driveway. New septic system and low monthly heating cost. Appliances, including washer and dryer. Great rental history. Will be hosting an open house on Saturday October 17th from11:00 am - 2:00 pm.

Listing Agent

Tammy Caron

Allied Real Estate Listed on: 08/17/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,492

Year Built

  • Built in 1930

Lot Details

  • 0.4 Acre Lot
  • Fenced
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Cape Cod Architecture
  • Ranch Style House
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,597 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Additional Homes

  • Additional Residence on Property

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number CMBL-000019-U000000-000019

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $7,192
  • Gross Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,492

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: GPS friendly, Road sign says 7 Preston Drive
  • Above Grade Finished Sq Ft: 1597.0
  • Architectural Style: Cape Cod, Ranch
  • Garage Yn: Yes
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.4
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1597.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 46800.0
  • Income Expenses Operating Expenses: 7192.0
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Water:Private2: Yes
  • Property Information:Bank Owned REO: No
  • Vehicle Storage:Storage Above: Yes
  • Heat System:Direct Vent Heater: Yes
  • Equipment:Generator: Yes
  • Equipment:Water Radon Mitigation System: Yes
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Style:Cape Cod: Yes
  • Sewer:Septic Tank: Yes
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Unfurnished
  • Other Equipment: Water Radon Mitigation System, Generator
  • Has Basement: Walk-Out Access, Not Applicable, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Composition, Carpet
  • Interior Amenities: Storage

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Storage Above, 5 - 10 Spaces, Paved, Common, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Private Sewer
  • Water Source: Well, Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17424.0
  • Parcel #: CMBL-000019-U000000-000019
  • Zoning: VOC1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 46800.0
  • Annual Operating Expense: 7192.0

Tax Info

  • Tax Annual Amount: 5492.0
  • Tax Lot: 19
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2025 10/03/25 Price Changed $550,000 -8.3% $344 / Sq Ft
09/18/2025 09/18/25 For Sale $599,900 0.0% $376 / Sq Ft
08/27/2025 08/27/25 Off Market $599,900 -- --
08/17/2025 08/17/25 Price Changed $599,900 0.0% $376 / Sq Ft
08/17/2025 08/17/25 For Sale $599,900 -7.7% $376 / Sq Ft
07/16/2025 07/16/25 Off Market $649,900 -- --
07/09/2025 07/09/25 For Sale $649,900 +44.4% $407 / Sq Ft
01/07/2022 01/07/22 Sold $450,000 0.0% $242 / Sq Ft View Prior Sale
11/18/2021 11/18/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $450,000 -- $242 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1629524

Maine Listings

APN: CMBL U19-19

Maine Cumberland County Cumberland Center 04021 West Cumberland

7 Preston Way, Cumberland Center, ME

This home is located at 7 Preston Way, Cumberland Center, ME 04021 and is currently priced at $550,000, approximately $344 per square foot. This property was built in 1930. 7 Preston Way is a home located in Cumberland County with nearby schools including Mabel I. Wilson School, Greely Middle School 4-5, and Greely Middle School.

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Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing Agent
Tammy Caron
Section Image
Allied Real Estate
(207) 222-7236