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Listed by Keller Williams Realty
$ 645,000
New
16 & 53 Osgood AVE Mexico, ME 04257
11 Baths
7,809 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 7,809 sqft
MLS Listing ID 1638583
Style Other,New Englander
Full Baths 11
HOA Y/N No
Abv Grd Liv Area 7,809
Year Built 1930
Annual Tax Amount $5,333
Tax Year 2025
Lot Size 0.510 Acres
Acres 0.51
Source Maine Listings
Land Area 7809
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
Rooms
Basement Interior, Full, Unfinished
Interior
Heating Baseboard
Cooling None
Flooring Wood, Vinyl, Tile
Exterior
Parking Features 5 - 10 Spaces, Paved
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Level, Near Town
Sewer Public Sewer
Water Public
Architectural Style Other, New Englander
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Oil
