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$815,000
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Property Description
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.
Full Property Details
Full Property Details for 62 Evergreen Ave
General
- Sold For: $815,000
- Taxes: $5,602 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1660635
- Added to Site: 149 day(s) ago
Interior
- Interior Features: Bathtub
- Furnishings: Partially
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Exterior
- Porch/Patio/Deck: Glassed-in Porch
Parking
- Parking Features: Common, 5 - 10 Spaces, On-Site Parking
Location
- County: York
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Electric, Oil, Propane, Forced Air, Heat Pump, Space Heater
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Construction: Wood Frame, Clapboard, Shingle Siding
- Basement: Yes
- Basement Desc.: Bulkhead, Interior Entry, Full
- Roof: Shingle
- Square Feet: 3,931
- Finished Total: 3,931 Sq. Ft.
- Finished Above Grnd: 3,931 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Zoning: R-2
- Lot Description: Near Public Beach, Near Shopping, Near Town, Neighborhood, Corner Lot, Level
Financial Considerations
- Operating Expenses: $16,228
- Tax Amount: $5,602
- Tax Year: 2025
Disclosures and Reports
- Block: 24
- Lot Number: 1
Listed by EXP Realty (888) 439-8743
Sold by Dream Home Realty LLC (207) 300-4663
Get Pre-Approved Today
Schools
Schools serving 62 Evergreen Ave
School District:Regional School Unit 23
| Name | Grades | Distance |
|---|---|---|
Loranger Middle School 148 Saco Avenue, Old Orchard Beach, ME 04064 | 6-8 | 0.3 mi |
Jameson Elementary School 20 Jameson Hill Road, Old Orchard Beach, ME 04064 | PK-2 | 0.4 mi |
Old Orchard Beach High School 40 Emerson Cummings Boulevard, Old Orchard Beach, ME 04064 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 62 Evergreen Ave
Date
Details
Price
Change
Source
9/04/2026
Sold
$815,000
2%
MLS
8/11/2026
Price Reduced
$799,000
-2.44%
MLS
6/22/2026
Price Reduced
$819,000
-3.65%
MLS
5/15/2026
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
62 Evergreen Avenue, Old Orchard Beach, ME 04064 (MLS# 1660635) is a Multi-Family property that was sold at $815,000 on September 04, 2026. Want to learn more about 62 Evergreen Avenue? Do you have questions about finding other Multi-Family real estate for sale in Old Orchard Beach? You can browse all Old Orchard Beach real estate or contact a Coldwell Banker agent to request more information.

