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$777,500
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Property Description
Discover this rare 6 unit apartment building situated on 5 acres in the charming town of Georgetown. This multifamily property features four 2-bedroom and two 1-bedroom apartments, each equipped with full baths and individually metered electricity. Current rents are well below market and all tenants are month to month. Every unit boasts views of the Back River, providing a serene backdrop for daily living. Wildlife abounds with regular sightings of deer, moose, geese and all the marsh has to offer. Enjoy the outdoors from your private deck, perfect for grilling and watching the sunset over the water. With a prime location just 12 minutes from Bath, this property offers both tranquility and accessibility. Don't miss out on this exceptional investment opportunity-schedule your viewing today!
Full Property Details
Full Property Details for 187 5 Islands Rd
General
- Sold For: $777,500
- Taxes: $3,566 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1608875
- Added to Site: 470 day(s) ago
Interior
- Interior Features: 1st Floor Bedroom, Storage
- Flooring: Vinyl, Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Other Rooms
- Laundry: Washer Hookup
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: 11 - 20 Spaces, Paved
Location
- County: Sagadahoc
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Sewer: Private Sewer
- Water: Private
- Utility Description: Utilities On, Pole
Structural Information
- Architectural Style: Colonial
- Construction: Other Exterior, Wood Frame
- Roof: Composition, Shingle
- Stories/Levels: 3
- Building Size: 5544
- Square Feet: 5,544
- Living Area: 5,544 Sq. Ft.
- Finished Total: 5,544 Sq. Ft.
- Finished Above Grnd: 5,544 Sq. Ft.
- Year Built: 1984
Lot Features
- Property View: Scenic
- Lot Size (Acres): 5.1
- Lot Size (Sq. Ft.): 222,156
- Lot Size Source: Public Records
- Zoning: RP, LR
- Lot Description: Rolling Slope, Near Public Beach, Near Shopping, Near Town
Water Features
- Water Front: Yes
- Water Front Desc.: Cove, River
Financial Considerations
- Tax Amount: $3,566
- Tax Year: 2023
Disclosures and Reports
- Lot Number: 40
Listed by RE/MAX Riverside (207) 725-8505
Sold by Benchmark Real Estate (207) 775-0248
Get Pre-Approved Today
Schools
Schools serving 187 5 Islands Rd
School District:Georgetown
| Name | Grades | Distance |
|---|---|---|
Georgetown Central School 52 Bay Point Road, Georgetown, ME 04548 | PK-6 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 187 5 Islands Rd
Date
Details
Price
Change
Source
1/17/2025
Sold
$777,500
-2.2%
MLS
11/07/2024
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
187 Five Islands Road, Georgetown, ME 04548 (MLS# 1608875) is a Multi-Family property that was sold at $777,500 on January 17, 2025. Want to learn more about 187 Five Islands Road? Do you have questions about finding other Multi-Family real estate for sale in Georgetown? You can browse all Georgetown real estate or contact a Coldwell Banker agent to request more information.

