Last Sold Price
5,544 sqft$140/sqft
187 5 Islands Rd, Georgetown, ME 04548

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....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!
LISTING CLOSED: 01/17/2025 12:00 AM

  1. Listed by Kathryn Winglass • RE/MAX Riverside
    P: (207)-725-8505 info@remax-riverside-maine.com

Property Details for 187 5 Islands Road

Status
MLS #
1608875
Days on Market
5
Taxes
$3,566 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family
Year Built
1984
Lot Size
5.10 AC / 222,156 SF
Architectural Style
Colonial
Style
Colonial
View
Scenic
Has Waterfront
Yes
Zoning
RP, LR

Location

Listing Courtesy of RE/MAX Riverside

Sold By Benchmark Real Estate

Add your commute

Building Information for 187 5 Islands Road

Stories4Residences6Year Built1984Building Size-Lot Size5.10 AC / 222,156 SF

Payment Calculator

$4,249 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,952

Property Taxes

$297

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 187 5 Islands Road

Summary
Location and General Information
  • Water View: Yes
  • Location: Near Public Beach, Near Shopping, Near Town
  • Page: 255
  • Directions: Rte 1 to 127 South onto Arrowsic Road, 5.5 miles to 187 Five Islands Road on the right.
  • Latitude: 43.844415
  • Longitude: -$69.76
  • Water Frontage Owned: 800.0
  • Source of Water Frontage: Public Records
  • Waterfront Amount: $800.00
  • Water Body Type: Cove, River
  • Water Body Name: Back River
Taxes and HOA
  • Association: No
  • Tax Lot: 40
  • Tax Book Number: 419
  • Tax Map Number: 3R
  • Tax Year: 2023
  • Tax Annual Amount: $3,566.00
Parking
  • Parking Features: 11 - 20 Spaces, Paved
  • Parking: 11 - 20 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
School Information
  • High School District: Georgetown Public Schools
Property
Lot Information
  • Lot Features: Rolling/Sloping, Near Public Beach, Near Shopping, Near Town
  • Lot Size Acres: 5.1
  • Lot Size Area: 5.1
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 222156.0
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Road Frontage: true
  • Road Frontage: 800.0
  • Source of Road Frontage: Seller
  • SqFt Source: Appraiser
  • Site: Rolling/Sloping
Property and Assessments
  • Above Grade Finished Area: 5544.0
  • Building Area Total: 5544.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Construction: Wood Frame
  • Year Built: 1984
Building Features
  • Foundation Details: Block, Concrete Perimeter
  • Foundation Materials: Block, Poured Concrete
  • Construction Materials: Other Exterior, Wood Frame
  • Color: Tan
  • Stories: 3
  • Stories Total: 4
Financial Information
  • List Price/SqFt: $143.40
Utilities
  • Heat Fuel: Oil
  • Pole: yes
  • # Heating Units: 1
  • # Water Heaters: 1
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Recreational Water: Nearby, River/Brook/Stream
  • Sewer: Private Sewer
  • Water Source: Private
  • Water Heater: Off Heating System
  • Utilities: Utilities On, Pole
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Other Exterior
  • Roof: Composition, Shingle
  • Driveway: Paved
Interior Features
  • Amenities: 1st Floor Bedroom, Laundry - Hookup, Storage
  • Bathrooms Full: 6
  • Bathrooms Total Decimal: 6.0
  • Bathrooms Total Integer: 6
  • Laundry Features: Washer Hookup
  • Basement: Interior, Walk-Out Access, Full
  • Basement: Walk-Out Access, Full
  • Patio And Porch Features: Deck
  • Has Cooling: No
  • Heating: Hot Water
  • Has Heating: Yes
  • Flooring: Vinyl, Tile, Carpet
  • Interior Features: 1st Floor Bedroom, Storage
Room Information
Laundry
  • Laundry Room Amenities: Washer Hookup
Multi Family
Multi Family Information
  • # of 1 BD Units: 2
  • # of 2 BD Units: 4
  • Number Of Units Total: 6
Income & Expenses
  • Gross Income: $48,600.00
  • Operating Expense: $21,993.00
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 187 5 Islands Road

DateEvent & SourcePriceAppreciation
Jan 17, 2025

Sold (Public Record)

Public Record #1549638815

$780,000
Jan 17, 2025

Sold

Maine Listings #1608875

$777,500
Nov 12, 2024

Pending

Maine Listings #1608875

DateEvent & SourcePrice
01/17/2025

Sold (Public Record)

Public Record #1549638815

$780,000
01/17/2025

Sold

Maine Listings #1608875

$777,500
11/12/2024

Pending

Maine Listings #1608875

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 187 5 Islands Road

Taxable ValueLand$204,000Additions$460,300Total$664,300
Tax Record2025$4,172 ($348 / month)
Home Facts
Lot Size222,156 SqFtCountySAGADAHOCAPNGEON M:03R L:040

Schools near 187 5 Islands Road

This home is within Georgetown Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Rating
School
Distance
Georgetown Central School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Riverside

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.