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
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Keller Williams Realty