Old Orchard Beach, ME Triplexes for sale

Updated: Jun 29

Duplex With Rear Cottage

62 Evergreen Avenue, Old Orchard Beach, ME 04064

$819,000

3,931 sqft 0.12 AC lot

Ocean front property with a duplex plus a detached rear cottage for multiple rental income streams
Front duplex has two updated 2‑bedroom units; each includes modern kitchens, newer appliances, and in‑unit washer/dryer
One duplex unit is owner‑occupied; the other provides dependable annual rental income
Detached cottage has a short‑term vacation rental track record in summer and winter rentals from October through May
Backyard features include a fenced yard, spacious patio, outdoor fireplace, and hot tub

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62 Evergreen Avenue, Old Orchard Beach, ME 04064

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$67K
Annual
Price @ 7% Cap

$951K
Above asking
Property Type

Single Family Residence
Built 1900

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Updated: Jul 5

Triplex with Flexible Rental Terms

21 Milliken Street, Old Orchard Beach, ME 04064

$989,000

2,288 sqft 0.12 AC lot

Triplex built in 1952 with ranch/cottage architectural style
Public utilities: public water and public sewer
Roof is shingle; exterior includes wood frame with wood siding
Heating includes hot water (heating) plus baseboard and oil; window unit(s) for cooling
Flooring includes tile, laminate, and carpet

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Three-Unit Residential Income Property

25 Evergreen Avenue, Old Orchard Beach, ME 04064

$799,000

2,902 sqft 0.09 AC lot

Triplex with a 3-bedroom, 2-bath main unit plus two additional rentals and multiple decks.

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Renovated Three-Unit Residential Income

107 Ocean Avenue, Old Orchard Beach, ME 04064

$649,999

2,199 sqft 0.09 AC lot

Three separately metered units with extensive 2022 renovations, dedicated heating, and a newly installed driveway for off-street parking.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Old Orchard Beach, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Three-Unit Double-Lot Residential Building

47 Frederic Street, Portland, ME 04102

$949,000

3,570 sqft 0.22 AC lot

Three-unit income property on a double lot with a yard and development potential.

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3-Unit Mixed-Use Building

38 Jefferson Street, Biddeford, ME 04005

$449,000

3,076 sqft 0.09 AC lot

Mixed-use three-unit structure with income from residential and a flexible first-floor commercial space in Biddeford.

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Mixed-Use Building with Retail

311 Main Street, Biddeford, ME 04005

$1,300,000

6,090 sqft

Street-level commercial space fronts Main Street with three renovated market-rate apartments above.

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Three-Unit Residential Income Building