Affordable investment opportunity! This well-maintained 3-unit property offers immediate income potential with all three units currently occupied. Situated on a spacious lot with a large yard, the property provides ample outdoor space for tenants to enjoy while offering room for gardening, recreation, or future possibilities. Whether you're looking to expand your investment portfolio or begin building wealth through real estate, this turnkey multifamily is one you won't want to miss. Advance notice is required for all showings due to tenant occupancy.
Nice 3 unit investment or owner occupy building! The price is right to make money or live here and have the tenants pay the mortgage! Property has been well maintained with a good rental history! Recent updates to the property include painting exterior ready for financing! Propane boiler on demand water heater. Also has parking and an oversized 1 car garage currently rented by the month as well! Each unit has a nice little porch to sit on! Each unit has laundry hook ups. Every tenant has a security deposit. Unit 2 will be vacant, or we can find renters to fill whatever works best! Perfect time to owner occupy they will be moved out soon! It's easy to fill or we can leave it empty for you!
Opportunity awaits at this versatile mixed-use property on highly visible Route 2 in Mexico, Maine. Set on 1.57 acres, this unique property offers a blend of residential and commercial potential with a rich local history dating back to the early 1900s. Currently configured with five one-bedroom, one-bathroom apartments, dedicated office space, and a detached studio, the property presents multiple possibilities for investors, owner-occupants, or those seeking live/work flexibility. Inside, you'll find character throughout, including beautiful hardwood flooring in many areas and updates completed over time to support continued use and functionality. Additional features include an exterior-entry event space complete with a kitchen and bathroom, creating opportunities for gatherings, business use, workshops, or expanded rental potential (subject to local approvals). The detached studio further enhances the flexibility of the property as office, creative, rental, or auxiliary space. Outside, the grounds are thoughtfully landscaped with established perennial gardens that add seasonal color and enhance the property's inviting curb appeal. Once operated as an inn in the 1930s and later adapted for residential and commercial purposes, this property continues to evolve while maintaining its prominent location and historic charm. With ample space, excellent visibility, and multiple income streams, this is a rare chance to own a distinctive property with history, flexibility, and future potential in Western Maine.
Explore the possibilities with this unique four-unit property featuring two separate duplex buildings. Building lot (193), 45 has been substantially renovated and includes two spacious 2-3 bedroom, 1.25-bath apartments that are essentially complete and ready for occupancy or lease. Recent improvements include new roofing, replacement windows, updated plumbing, electrical and heating systems, separate electric meters, and individual hot water systems, providing an excellent opportunity for immediate rental income. Building lot (194), 46 offers additional potential with renovation work already underway, including updates to major systems. The remaining improvements provide an opportunity for the next owner to complete the project and add value over time. Additional features include public water and sewer, approximately 4,000± square feet of living space, low property taxes, separate utilities for each apartment, and a garage. With one building ready to generate income and the second offering future potential, this property presents a unique opportunity for those seeking an income-producing property with room for continued improvement. Much of the major infrastructure work has already been completed, allowing the next owner to focus on finishing the remaining renovations and realizing the property's full potential.
Price Improvement! Don't miss this excellent opportunity to own a versatile 3-unit multi-family property at 11 Holman Ave in Mexico. Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking to add to your portfolio, this property offers outstanding value and long-term potential. The building features two 1-bedroom units and one spacious 3-bedroom unit with a flexible layout that could accommodate a 4th bedroom, home office or additional living space. Two of the three units are currently occupied, providing immediate rental income, while the vacant second-floor 1-bedroom unit offers the perfect opportunity for owner occupancy or a new tenant. All units include washer/dryer hookups. Conveniently located near shopping, schools, restaurants, and everyday amenities, 11 Holman Ave also provides easy access to the outdoor recreation Western Maine is known for, including hiking, skiing, snowmobiling, fishing, boating and ATV trails. Rumford and other major employment centers are just a short drive away. With its recent price reduction, strong rental history and excellent income potential, this is a great opportunity to build equity and invest in your future. Please allow 24 hours' notice for showings.
Price Improvement! Don't miss this excellent opportunity to own a fully occupied 2-unit property in Mexico, Maine. With immediate rental income, a recent price reduction and strong long-term investment potential, 12 Brown Street is an ideal opportunity for both seasoned real estate investors and buyers looking to purchase their first investment property. This income producing duplex features an easy to manage two-unit layout, making it an attractive alternative to larger apartment buildings. Both units are currently occupied, providing immediate cash flow from day one. The property also includes a detached garage, offering valuable storage space or the potential for additional rental income. A newer roof installed in 2022 helps minimize major near term capital improvement expenses. Located in the heart of Mexico, Maine, you'll enjoy convenient access to shopping, restaurants, schools, parks, and local services, while being just minutes from Rumford, Maine and surrounding employment opportunities. Outdoor enthusiasts will appreciate nearby skiing at Black Mountain and Sunday River, hiking, fishing, boating, ATV and snowmobile trails, making this an attractive rental location year round. Whether you're looking to expand your real estate investment portfolio, generate passive rental income, or purchase your first multi-family investment property, this duplex offers affordability, steady cash flow and excellent long term upside. Please allow 24 hours' notice for showings.
Six-unit multifamily property comprised entirely of one-bedroom apartments. The building offers efficient layouts and consistent rental demand. Current vacancies are rent-ready, with remaining occupancy subject to the completion of an eviction, allowing a clear path toward stabilization. A furnace replaced in 2018 supports reliable operation and reduces near-term capital requirements. A solid multifamily opportunity offering operational flexibility and upside through lease-up and rent optimization.
Nice 2 family, fully rented and turn key to add to a growing portfolio! Recent upgrades include new electric service, tenants pay their own electric, new roof and second floor has been refreshed for the current tenants.
WOW! over $14,000 PRICE IMPROVEMENT! Turnkey 3 family with solid rental history! This 3 family has 2, 2 bedroom and 1, 3 bedroom unit! The house sits on a large lot and is right on the way to Rangeley! The home has a newer propane boiler. Long term tenants on 1st and 2nd floor. Add this to your portfolio today! 3rd floor can be delivered vacant for an owner occupant as current tenant is TAW!


Mexico is located in Maine. Mexico, Maine has a population of 2,739. Mexico is more family-centric than the surrounding county with 24.47% of the households containing married families with children. The county average for households married with children is 24.25%.
The median household income in Mexico, Maine is $40,889. The median household income for the surrounding county is $51,384 compared to the national median of $69,021. The median age of people living in Mexico is 48.6 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 6.4 degrees. The average rainfall is approximately 49.2 inches per year, with 81.8 inches of snow per year.