7 Preston Way, Cumberland, ME 04021

New Listing
$575,000
Property Type: Multi-Family Baths: 2 Square Footage: 1,597 Lot Size (sq. ft.): 17,424 Status: Active
Current Price: $575,000 List Date: 4/21/2026 Last Modified: 4/21/2026

Description

Investors take notice! This is your opportunity to own two (2) free standing homes with detached garage with storage above. Large storage shed. whole house generator that runs both homes. Both homes and garage have new shingles. New septic system and low monthly heating cost. Each home is fully equipped with appliances. Front Cape is currently vacant.

Supplements: ********

More Information MLS# 1656242

Location Information

Street #: 7 Street Name: Preston Street Type: Way County: Cumberland Town: Cumberland State/Province: ME Zip Code: 04021 Zip +4: 3153 Leased Land: No Book: 39071 Page: 218 Map: U19 Lot: 19 Zoning: VOC1 Zoning Overlay: No Association: No Full Tax Amount $: 5948 Tax Year: 2026 Tree Growth Y/N: No Geo Lat: 43.811294 Geo Lon: -70.311596

Contract Information

Status: Active Original List Price: 575000 List Price: $575,000 Current Price: $575,000

Property Information

Surveyed: Yes Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Warranty Deed: All Number of Units: 2 Total Baths: 2 Total Full Baths: 2 Year Built: 1930 SqFt Finished Above Grade: 1597 SqFt Finished Total: 1597 SqFt Source: Public Records Garage: Yes Garage Spaces: 1 Lot Size Acres +/-: 0.4 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: No

Units

# of 1 BD Units: 1 # of 2 BD Units: 1

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1900 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: Second Security Deposit: No # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Property Features

Site: Level Location: Near Town Roads: Paved; Public View: Trees/Woods Style: Cape Cod; Ranch Construction: Wood Frame Other Structures: Shed(s) Basement: Slab; Unfinished; Walk-Out Access Basement Entry: Doghouse Foundation Materials: Poured Concrete; Slab Exterior: Vinyl Siding Roof: Pitched; Shingle Heat System: Baseboard; Direct Vent Furnace; Forced Air Heat Fuel: K-1/Kerosene; Oil Water Heater: Electric Cooling: None Floors: Carpet; Composition; Tile; Vinyl; Wood Amenities: 1st Floor Bedroom; Laundry - 1st Floor; Storage Driveway: Common; Paved Parking: 5 - 10 Spaces Vehicle Storage: 1 Car; Detached; Storage Above Electric: Circuit Breakers; Generator Hookup Gas: Bottled Sewer: Private Sewer; Shared Septic Water: Private; Well
Listing Office: Allied Real Estate
Last Updated: April - 21 - 2026
7 Preston Way, Cumberland, ME 04021- MLS# 1656242
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