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11-Unit Apartment Portfolio
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16 & 53 Osgood Avenue, Mexico, ME 04257

Two-building apartment package with a varied unit mix and established rental history in Mexico.

Property Size7,809 SF
Price / SF$82.60
Days on Market345

Property Features for 16 & 53 Osgood Avenue

General Information

Standard status Active
Size 7,809 SF
Class C
Property subtype Multifamily
Zoning Residential
Net Operating Income $52,078

Units

Unit Mix 6 x 1BR, 4 x 2BR, 1 x 4BR
Multifamily Units 11

Building Details

Year Built 1930
Buildings 2
Units 11
Listing Agency: Elevate Maine Realty - Tyler Stewart
Listed By: Tyler Stewart · License #BA927955
Source: Crexi
Added: Sep 24, 2025 Changed: Aug 31 Last Checked: Aug 31 at 9:50AM

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 Elevate Maine Realty - Tyler Stewart

Investment Insights

Based on property information with market context.

This offering comprises two apartment buildings totaling 11 units and 7,809 square feet. The 1930-built properties include five units at 16 Osgood Avenue and six units at 53 Osgood Avenue, creating a multi-building residential package within Mexico, Maine.

The unit mix consists of six one-bedroom apartments, four two-bedroom apartments, and one four-bedroom apartment. The properties have an established rental history, with current rents identified as below market. The offering combines existing residential occupancy with an opportunity to review rents and operations across both buildings.

Key Highlights

  • Two‑building apartment package with 11 total units
  • 7,809 square feet across the portfolio
  • Unit mix includes six one‑bedrooms, four two‑bedrooms, and one four‑bedroom

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center HVAC Service Big Box & Wholesale Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

207
Businesses Nearby

Demographics for 04257, ME

2,756
Population
1,490
Households
1.8
Avg Household Size
45
Median Age
12%
College-Educated
93%
High-School Grad
23.3 sq mi
ZIP Area
118
Density / Sq Mi
$54,052
Median Household Income
$34,404
Median Earnings
$843
Median Rent
$104,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building apartment package with a varied unit mix and established rental history in Mexico.
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: Two‑building apartment package with 11 total units; 7,809 square feet across the portfolio; Unit mix includes six one‑bedrooms, four two‑bedrooms, and one four‑bedroom
(207) 213-7644 Call to check price and availability
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