62 Evergreen Avenue, Old Orchard Beach, ME 04064
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
62 Evergreen Avenue,Old Orchard Beach, ME 04064
$819,000
- - Beds
- 4 Baths
- 3,931 sq. ft.
- Multi-family
- Active
Office: exp realty
MLS#:1660635
Source:ME_MREIS
Price summary
- Price:$819,000
- Price per sq. ft.:$208.34
About this home
Exceptional Income-Producing Property Just Minutes from Old Orchard Beach!
This rare investment opportunity combines strong rental income with exceptional versatility. Situated in the heart of Old Orchard Beach, 62 Evergreen Avenue features a beautifully maintained duplex plus a separate rear cottage, creating multiple income streams and endless possibilities for investors, owner-occupants, or multi-generational living.
The front duplex offers two thoughtfully updated 2-bedroom units, each featuring modern kitchens, newer appliances, in-unit washers and dryers, and bright, comfortable living spaces. One unit is currently owner-occupied, while the second provides dependable annual rental income. The flexibility to convert either unit to a seasonal or short-term rental offers even greater earning potential.
Privately nestled behind the duplex, the detached cottage has a successful track record as a short-term vacation rental during the summer months and a winter rental from October through May, providing an additional, well-established source of income while maintaining privacy for both owners and guests.
Outside, enjoy an inviting backyard retreat complete with a fenced yard, spacious patio, outdoor fireplace, and hot tub--perfect for relaxing after a day at the beach or enhancing the guest experience.
With off-street parking for up to six vehicles, an established annual rental income and the potential to significantly increase revenue through seasonal rentals, this property offers both immediate cash flow and long-term upside.
Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a flexible coastal property just moments from the beach, restaurants, shopping, and all the attractions of Old Orchard Beach, this is an opportunity you won't want to miss....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:1660635
- Updated:July 07, 2026 at 10:43 AM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Tile, Wood
- Bathrooms Description:Bathtub
- Basement Description:Bulkhead, Full, Interior Entry
- Living area:3,931 sq. ft.
Heating and cooling
- Heating:Electric, Forced Air, Heat Pump, Heating, Oil, Propane, Space Heater
Structure and exterior
- Roof:Shingle
- Year built:1900
- Building area:3,931 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Corner Lot, Level, Near Public Beach, Near Shopping, Near Town, Neighborhood
- Construction Materials:Clapboard, Shingle Siding, Wood Frame
- Exterior Features:Glassed-in Porch
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$819,000
- Price per sq. ft.:$208.34
- Tax amount:$5,602 (2025)
Parking
- Parking description:5 - 10 Spaces, Common, On Site
New listings near 62 Evergreen Avenue
- New
$800,000Active5 beds 3 baths3,676 sq. ft.6 Bower Lane, Old Orchard Beach, ME 04064
MLS# 1670561Listed by: MAINE REAL ESTATE CO - New
Listed by BHGRE$685,000Active2 beds 3 baths1,264 sq. ft.26 Salt Point Drive #25, Old Orchard Beach, ME 04064
MLS# 1670249Listed by: BETTER HOMES & GARDENS REAL ESTATE/THE MASIELLO GROUP - New
Listed by BHGRE$685,000Active2 beds 3 baths1,264 sq. ft.18 Salt Point Drive #21, Old Orchard Beach, ME 04064
MLS# 1670254Listed by: BETTER HOMES & GARDENS REAL ESTATE/THE MASIELLO GROUP - New
Listed by BHGRE$765,000Active2 beds 3 baths1,264 sq. ft.4 Overlook Drive #2, Old Orchard Beach, ME 04064
MLS# 1670237Listed by: BETTER HOMES & GARDENS REAL ESTATE/THE MASIELLO GROUP - New
Listed by BHGRE$685,000Active2 beds 3 baths1,264 sq. ft.5 Overlook Drive #6, Old Orchard Beach, ME 04064
MLS# 1670243Listed by: BETTER HOMES & GARDENS REAL ESTATE/THE MASIELLO GROUP - New
Listed by BHGRE$660,000Active2 beds 3 baths1,264 sq. ft.3 Overlook Drive #5, Old Orchard Beach, ME 04064
MLS# 1670248Listed by: BETTER HOMES & GARDENS REAL ESTATE/THE MASIELLO GROUP - New
Listed by BHGRE$685,000Active2 beds 3 baths1,264 sq. ft.24 Salt Point Drive #24, Old Orchard Beach, ME 04064
MLS# 1670251Listed by: BETTER HOMES & GARDENS REAL ESTATE/THE MASIELLO GROUP - New
$739,900Active4 beds 5 baths2,304 sq. ft.44 School Street, Old Orchard Beach, ME 04064
MLS# 1670272Listed by: COLDWELL BANKER REALTY - Open Sun, 2 to 4pmNew
$845,000Active4 beds 4 baths2,903 sq. ft.20 Lewis Avenue, Old Orchard Beach, ME 04064
MLS# 1670346Listed by: COLDWELL BANKER REALTY - New
$535,000Active2 beds 3 baths1,752 sq. ft.53 Wild Dunes Way #E1, Old Orchard Beach, ME 04064
MLS# 1670380Listed by: VITALIUS REAL ESTATE GROUP, LLC