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16 & 53 Osgood Avenue, Mexico, ME 04257

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For Sale

$645,000

11 baths • 7,809 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $82.60
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 1638583

Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
(207) 879-9800

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Tile, Vinyl, Wood
  • Heating System
    Baseboard
  • Lot Size
    0.51 Acres

Map and Directions

Directions to 16 & 53 Osgood Avenue, Mexico, ME 04257

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.