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    16 Osgood Ave Mexico, ME 04257

    New
    For Sale
    $645,000

    MULTI_FAMILY - Other - Mexico, ME

    Property size:
    7,809 SF
    Lot size:
    0.51 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 16 Osgood Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Bathroom 3, Bathroom 5, Bathroom 7, Bathroom 8, Basement, Bathroom 1, Bathroom 2, Bathroom 10, Bathroom 11, Bathroom 4, Bathroom 6, Bathroom 9
    Basement
    Full, Unfinished
    Size
    7,809 SF
    Lot size
    0.51 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1930
    Number of units
    11
    Flooring type
    Vinyl, Wood, Tile
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Other

    Keller Williams Realty (207) 879-9800 [email protected]

    Listing agent Tyler Stewart (207) 879-9800

    Listing date Dec 3, 2025

    MLS# 1638583 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Investment Opportunity in Mexico

    This residential investment opportunity features a two-building portfolio located in Mexico, Maine. The package includes a 5-unit building at 16 Osgood Avenue and a 6-unit building at 53 Osgood Avenue, totaling 11 units. The unit mix is desirable, consisting of 6 one-bedroom units, 4 two-bedroom units, and 1 four-bedroom unit. The property is currently operating at a 10.9% cap rate. The portfolio offers significant upside potential as the rents are currently below market value. The combined lot size is 0.51 acres. The total building area is 7809 square feet. With no vacancies, this turnkey opportunity is suited for investors seeking immediate cash flow and long-term growth. The property is zoned for residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mexico
    County
    Oxford
    State
    Maine
    Longitude
    -70.54538
    Latitude
    44.557377

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    FAQs

    What type of property is this?
    Apartment building - Two-building portfolio with 11 units and strong income potential.
    Where is this apartment building located?
    The property is located at 16 Osgood Ave Mexico, ME.
    What is the asking price?
    The asking price for this property is $645,000.
    What are key features of this property?
    This property features: - High 10.9% Cap Rate: Provides a strong immediate return on investment.; - Turnkey Investment: Ready for immediate cash flow with no vacancies.; - Rental Upside: Below-market rents offer significant potential for increased income.
    (207) 879-9800
    Request Owner's contact information
    16 Osgood Ave Mexico, ME 04257
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    Mexico, ME 04257
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 Osgood Ave Mexico, ME 04257
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