16 & 53 Osgood Avenue, Mexico, ME, 04257

16 & 53 Osgood Avenue, Mexico, ME, 04257

11 Full baths

1930

Other, New Englander

7,809 sqft

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.


Status:

Active

Type:

Multi-family

Units:

11

Zoning:

Residential

Heating:

Baseboard

Cooling:

None

Basement:

Interior, Full, Unfinished

Parking:

5 - 10 Spaces, Paved

Acreage:

0.51

Est. Taxes:

$5,333

Construction

Vinyl Siding, Wood Frame

Lot Description:

Level, Near Town

MLS #:

1638583


Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Keller Williams Realty