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About This Home

This 0-bedroom, 2-bathroom residential multi family at 37 Evergreen Avenue in Old Orchard Beach, ME is listed for $495,000 ($218 per sqft). Built in 1900, the home offers 2,272 sqft of living space on a 0.11 acres lot.

Agent Description

This duplex offers an outstanding investment opportunity just minutes from the beautiful shoreline of Old Orchard Beach, Maine. Ideally located within walking distance to the beach, this property combines strong rental appeal with immediate income potential.

The property features two well-maintained residential units: Unit One offers a spacious and versatile layout with four bedrooms plus a dedicated office, providing ample room for comfortable living, remote work, or additional storage needs. The unit also includes basement storage, adding valuable functionality for tenants.

Unit Two features one bedroom and one full bathroom, along with additional living space in a finished porch area. This flexible bonus area is ideal for use as a home office, sitting room, or extended living space. Both units are currently occupied by long-term tenants with leases in place through November 2026, providing stable, immediate rental income for the new owner.

Additional highlights include off-street parking and generous yard space, further enhancing tenant convenience and overall property appeal. With its strong rental history, desirable location, and proximity to the beach, this duplex presents a compelling opportunity for investors seeking reliable income in one of Southern Maine's most popular coastal communities. Showings require 24-hour notice. Please reach out for additional information or to schedule a private showing.

Key Features

  • Built in 1900
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
2 full
1900

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

37 Evergreen Avenue

Old Orchard Beach, ME 04064

Features & Amenities

Interior Features

Storage

Property Details

Flooring

CarpetVinyl

Construction

Aluminum Siding Wood Frame

Parking

Off Street

Heating

Hot Water(Heating)Steam

Questions & Answers

This 0-bedroom, 2-bathroom residential multi family at 37 Evergreen Avenue is listed at $495,000 ($218/sqft). The estimated monthly payment is $2,145 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.11 acre lot, 2 stories. Interior Features: Storage.

This property is listed by Melissa Lesniak and can be reached at 6034757476 or mlesniak@kw.com.

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ML

Melissa Lesniak

Agent at Keller Williams Coastal and Lakes & Mountains Realty

(603) 475-7476

Listed by Keller Williams Coastal and Lakes & Mountains Realty

MLS# 1653793· Source: listhub· Updated today

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37 Evergreen Avenue, Old Orchard Beach, ME 04064

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