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About This Home
This 0-bedroom, 4-bathroom residential multi family at 62 Evergreen Avenue in Old Orchard Beach, ME is listed for $850,000 ($216 per sqft). Built in 1900, the home offers 3,931 sqft of living space on a 0.12 acres lot.
Exceptional investment and lifestyle opportunity in the heart of Old Orchard Beach! This versatile property at 62 Evergreen Ave features a well-maintained duplex plus a separate rear cottage, offering multiple income streams and flexible use options. The front duplex includes two beautifully updated 2-bedroom units.
One unit is currently owner-occupied, while the second is rented annually--providing immediate, stable income with the potential to convert to a lucrative short-term rental or seasonal/winter rental model. Both units have been thoughtfully renovated with newer kitchens, modern appliances, and comfortable, inviting living spaces.
Tucked privately behind the duplex, the detached cottage is a proven income producer, operating as a short-term vacation rental during peak season and transitioning to a winter rental from October through May. This additional unit expands your earning potential while maintaining separation and privacy for all occupants.
The outdoor space is designed for relaxation and enjoyment, featuring a fenced yard, spacious patio, outdoor fireplace, and hot tub--ideal amenities for both owners and guests alike. Whether you're seeking an owner-occupied investment, multi-generational living, or a turnkey rental property with strong income potential, this unique offering delivers flexibility, comfort, and location just moments from the beach, local attractions, and all that Old Orchard Beach has to offer.
Key Features
- Built in 1900
- 0.12 acre lot
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$4,546/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
62 Evergreen Avenue
Old Orchard Beach, ME 04064
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Heating
Cooling
Questions & Answers
This 0-bedroom, 4-bathroom residential multi family at 62 Evergreen Avenue is listed at $850,000 ($216/sqft). The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.12 acre lot, Waterfront. Interior Features: Bathtub.
This property is listed by Sonja Nielsen and can be reached at 2076502729 or sonja.nielsen@exprealty.com.




