16 & 53 Osgood AVE new

Mexico,ME 04257

$ 645000

- Bed

11 Baths

7809 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 7,809 sqft

Price per Sqft $82

MLS Listing ID 1638583

Style Other,New Englander

Full Baths 11

Year Built 1930

Annual Tax Amount $5,333

Tax Year 2025

Lot Size 0.510 Acres

Property Description

Two-building package in Mexico offering 11 total units with strong financials and rental history. The portfolio includes a 5-unit at 16 Osgood Avenue and a 6-unit at 53 Osgood Avenue, with a desirable mix of 6 one-bedrooms, 4 two-bedrooms, and 1 four-bedroom. Currently operating at a 10.9% cap rate with below-market rents, the portfolio offers significant upside as rents are brought to market. With 0 vacancies, this is a turnkey opportunity for investors seeking immediate cash flow and long-term growth potential.

Location

State ME

County Oxford

Zoning Residential

Interior

Heating Baseboard

Cooling None

Flooring Wood,Vinyl,Tile

Exterior

Parking Features 5 - 10 Spaces,Paved

View Y/N No

Roof Type Shingle

Building

Lot Description Level,Near Town

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

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