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: 4/14/2026 Last Modified: 4/14/2026

Overview

Description

Two-building investment package in Mexico offering 11 total units with proven rental history and clear value-add potential. The portfolio includes a 5-unit at 16 Osgood Avenue and a 6-unit at 53 Osgood Avenue, featuring a desirable mix of six one-bedrooms, four two-bedrooms, and one four-bedroom. Current rents are below market, presenting a strong opportunity to increase income through rent adjustments and operational improvements. A compelling acquisition for investors seeking both in-place cash flow and meaningful upside.

Listing Details MLS# 1652657

Location Information

Street #: 16 & 53
Street Name: Osgood
Street Type: Avenue
County: Oxford
Town: Mexico
State/Province: ME
Zip Code: 04257
Zip +4: 1442
Leased Land: No
Book: 5499/5498
Page: 452/408
Map: 22
Lot: 129
Zoning: Residential
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 5333.1
Tax Year: 2025
Tree Growth Y/N: No

Contract Information

Original List Price: 645000

Property Information

Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
2 Detached Houses on 1 Lot: No
Number of Units: 11
Total Baths: 11
Total Full Baths: 11
Year Built: 1930
SqFt Finished Above Grade: 7809
SqFt Finished Total: 7809
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.51
Source of Acreage: Public Records
Total Half Baths: 0
SqFt Finished Below Grade: 0
Garage Spaces: 0

Water Info

Water Frontage: No
Water View: No

Units

# of 1 BD Units: 6
# of 2 BD Units: 4
# of 4+ BD Units: Yes

Unit 1

Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1750
# Full Baths: Yes
# 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

More Information

Unit 2

Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 810
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
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: No
Level: Second
Security Deposit: Yes
Monthly Rent: 630
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
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 4

Lease: No
Level: Third
Security Deposit: No
Monthly Rent: 800
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Unit 5

Lease: No
Level: Third
Security Deposit: No
Monthly Rent: 825
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
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 6

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1000
# Full Baths: Yes
# 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: Yes
# 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: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 925
# Full Baths: Yes
# 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: No
Level: Second
Security Deposit: No
# Full Baths: Yes
# 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
Monthly Rent: 0

Unit 10

Lease: No
Level: Third
Security Deposit: No
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 11

Lease: No
Level: Third
Security Deposit: Yes
Monthly Rent: 798
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Site

Level: Yes

Location

Near Town: Yes

Roads

Public: Yes

Style

New Englander: Yes
Other: Yes

Construction

Wood Frame: Yes

Basement

Full: Yes
Unfinished: Yes

Exterior

Vinyl Siding: Yes

Roof

Shingle: Yes

Heat System

Baseboard: Yes

Heat Fuel

Oil: Yes

Income & Expenses

Gross Income: 103056
Operating Expenses: 59749.7

Cooling

None: Yes

Floors

Tile: Yes
Vinyl: Yes
Wood: Yes

Parking

5 - 10 Spaces: Yes

Electric

Circuit Breakers: Yes

Gas

No Gas: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Basement Entry

Interior: Yes

Water Heater

Off Heating System: Yes

Vehicle Storage

No Vehicle Storage: Yes

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

IDX

Listing Office: Elevate Maine Realty

Last Updated: April - 14 - 2026

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