62 Evergreen Avenue

Old Orchard Beach ME 04064

3931 sq. ft.

5227.2 sq. ft.

Multi-Family

Last sold for $815,000

Sonja Nielsen, last sold this property on 04 September 2026 after 2 days on market.

Overview

Nestled on a quiet residential street, yet just a short walk to the beach, restaurants, shops, and entertainment, 62 Evergreen Avenue offers the perfect combination of peaceful coastal living and outstanding investment potential. This well-maintained property features a beautifully updated duplex plus a separate detached cottage, creating multiple income streams and exceptional flexibility for investors, owner-occupants, or multi-generational living. The front duplex includes two updated 2-bedroom units, each with 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 year-round rental income with the opportunity to convert to a seasonal or short-term rental for even greater earning potential. Privately tucked behind the duplex, the detached cottage with 2 BR has a proven history as a successful summer vacation rental and winter rental from October through May, providing an additional established source of income while maintaining privacy for owners and guests alike. Outside, enjoy a beautifully landscaped, fenced backyard complete with a spacious patio, outdoor fireplace, and hot tub--an inviting space to relax or enhance the guest experience. With off-street parking for up to six vehicles, reliable existing rental income, and the potential to significantly increase seasonal revenue, this property offers immediate cash flow and long-term upside. Whether you're expanding your investment portfolio, offsetting your mortgage with rental income, or seeking a versatile coastal property, this rare opportunity places you in a quiet, walkable neighborhood just moments from all the beaches, dining, shopping, and attractions that make Old Orchard Beach one of Maine's most desirable seaside communities.

Features

4 bathrooms

3931 sq. ft. floor area

5227.2 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Old Orchard Beach over the last 12 months, the estimated median property value of 62 Evergreen Avenue is $638.89k.

Median value

$638.89k

Estimated value range

$429.25k - $1.65m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Old Orchard Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 62 Evergreen Avenue

2026

Sold

$815,000

04 Sep 2026 by Sonja Nielsen

Happy sellers in Old Orchard Beach

We have insufficient information to provide an overview of customer satisfaction for Old Orchard Beach. Viewing the agent profiles, reviews and sales for Old Orchard Beach can provide insights for this location.