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!
Closed
$777,500
187 Five Islands Road, Georgetown, ME 04548
10beds
5,544sqft
Multi Family
Built in 1984
-- sqft lot
$891,900 Zestimate®
$140/sqft
$2,572 Estimated rent
Home value
$891,900
$714,000 - $1.11M
$2,572/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 05, 2026 at 06:14am
Listed by:
RE/MAX Riverside 207-798-9152
Bought with:
Benchmark Real Estate
Source: Maine Listings,MLS#: 1608875
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Hot Water
Cooling
- None
Features
- Flooring: Carpet, Tile, Vinyl
- Basement: Interior Entry
Interior area
- Total structure area: 5,544
- Total interior livable area: 5,544 sqft
- Finished area above ground: 5,544
- Finished area below ground: 0
Property
Features
- Stories: 3
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
- Body of water: Back River
- Frontage length: Waterfrontage: 800,Waterfrontage Owned: 800
Lot
- Size: 5.10 Acres
Details
- Parcel number: GEONM03RL040
- Zoning: RP, LR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Roof: Composition,Shingle
Condition
- Year built: 1984
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private
- Utilities for property: Utilities On, Pole
Community & neighborhood
Location
- Region: Georgetown
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2025 | Sold | $777,500-2.2%$140/sqft |
Source:  Maine Listings #1608875 Report a problem | ||
| 11/12/2024 | Pending sale | $795,000$143/sqft |
Source: Maine Listings #1608875 Report a problem | ||
| 11/7/2024 | Listed for sale | $795,000$143/sqft |
Source: Maine Listings #1608875 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,999 +12.1% | $664,300 +81.6% |
| 2023 | $3,567 +10.3% | $365,800 |
| 2022 | $3,234 +9.1% | $365,800 |
Find assessor info on the county website
Neighborhood: 04548
Nearby schools
GreatSchools rating
- 9/10Georgetown Central SchoolGrades: PK-6Distance: 3 mi
- NABath Regional Vocational CenterGrades: Distance: 6.2 mi
- NABath Regional Vocational CenterGrades: 9-12Distance: 5.6 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$891,900
2% more+ $17,838
With Zillow Showcase(estimated)
$909,738