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Mexico Multifamily Investment Opportunity

16-53 Osgood Avenue Mexico, ME 04257

16-53 Osgood Avenue, Mexico, ME, 04257
$645,000
For Sale
$645,000

Two-building portfolio with 11 units and strong income potential.

Property Size7,809 SF
Price / SF$82.60
Days on Market142

Property Features for 16-53 Osgood Avenue

General Information

Standard status
Active
Size
7,809 SF
Property subtype
Multi-Family

Building Details

Year Built
1930
Listing Agency Keller Williams Realty
Listed by Taylor McFarlane
Source Compass
Added: Feb 24 Checked: Jul 16 at 5:59 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty


Investment Insights

Based on property information with market context.

This offering consists of a two-building portfolio located in Mexico, Maine, comprising a total of 11 units. The portfolio includes a 5-unit building at 16 Osgood Avenue and a 6-unit building at 53 Osgood Avenue. The unit mix features 6 one-bedroom, 4 two-bedroom, and 1 four-bedroom apartments. The properties have a total size of 7809 square feet. The portfolio is currently operating at a 10.9% cap rate. The property presents a turnkey opportunity for investors seeking immediate cash flow and long-term growth potential.

Key Highlights

  • Strong financials with an impressive 10.9% cap rate.
  • Two‑building package with 11 total units.
  • Desirable mix of unit types: 6 one‑bedrooms, 4 two‑bedrooms, and 1 four‑bedroom.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Building Supply Spa & Massage Center HVAC Service Big Box & Wholesale Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Garden Center (Bike/Boat/Book/etc) Store

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

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 16-53 Osgood Avenue 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: Strong financials with an impressive 10.9% cap rate.; Two‑building package with 11 total units.; Desirable mix of unit types: 6 one‑bedrooms, 4 two‑bedrooms, and 1 four‑bedroom.
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