16 & 53 Osgood Avenue, Mexico, ME 04257
$645,000
Property Type:
Multi-Family
Baths:
11
Square Footage:
7,809
Lot Size (sq. ft.):
22,216
Status:
Active
Current Price:
$645,000
List Date:
9/23/2025
Last Modified:
10/08/2025
Description
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.
Supplements: ********
More Information MLS# 1638583
Location Information
Book: 5499/5498
Leased Land: No
Page: 452/408
Map: 22
Lot: 129
Zoning Overlay: Unknown
Association: No
Tree Growth Y/N: No
Street #: 16 & 53
Street Name: Osgood
Street Type: Avenue
County: Oxford
Town: Mexico
State/Province: ME
Zip Code: 04257
Zip +4: 1442
Zoning: Residential
Full Tax Amount $: 5333.1
Tax Year: 2025
Geo Lat: 44.557362
Geo Lon: -70.545396
Property Information
Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Number of Units: 11
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
2 Detached Houses on 1 Lot: No
Lot Size Acres +/-: 0.51
Total Baths: 11
Total Half Baths: 0
SqFt Finished Above Grade: 7809
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: No
Total Full Baths: 11
Year Built: 1930
SqFt Finished Total: 7809
Source of Acreage: Public Records
Site
Level: 1
Location
Near Town: 1
Roads
Public: 1
Water Info
Water Frontage: No
Water View: No
Style
New Englander: 1
Other: 1
Construction
Wood Frame: 1
Basement
Full: 1
Unfinished: 1
Exterior
Vinyl Siding: 1
Roof
Shingle: 1
Heat System
Baseboard: 1
Heat Fuel
Oil: 1
Income & Expenses
Gross Income: 107280
Operating Expenses: 50972.77
Cooling
None: 1
Floors
Tile: 1
Vinyl: 1
Wood: 1
Units
# of 1 BD Units: 6
# of 2 BD Units: 4
# of 4+ BD Units: 1
Parking
5 - 10 Spaces: 1
Unit 1
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1750
# Full Baths: 1
# of Rooms: 6
# of Bedrooms: 4
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Unit 2
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 810
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 630
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
No Gas: 1
Unit 4
Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 800
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Sewer
Public Sewer: 1
Unit 5
Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 825
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Water
Public: 1
Unit 6
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 902
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 7
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1050
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 8
Lease: No
Level: Second
Security Deposit: No
Monthly Rent: 0
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 9
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 625
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 10
Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 750
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 11
Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 798
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Driveway
Paved: 1
Basement Entry
Interior: 1
Water Heater
Off Heating System: 1
Vehicle Storage
No Vehicle Storage: 1
Contract Information
Status: Active
Original List Price: 645000
List Price: $645,000
Current Price: $645,000
Property Features
Site: Level
Location: Near Town
Roads: Public
Style: New Englander; Other
Construction: Wood Frame
Basement: Full; Unfinished
Basement Entry: Interior
Exterior: Vinyl Siding
Roof: Shingle
Heat System: Baseboard
Heat Fuel: Oil
Water Heater: Off Heating System
Cooling: None
Floors: Tile; Vinyl; Wood
Driveway: Paved
Parking: 5 - 10 Spaces
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: No Gas
Sewer: Public Sewer
Water: Public
Documents
I/E ›Listing Office: Keller Williams Realty
Last Updated: October - 08 - 2025
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