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Sold on 12/02/2018
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123-125 Central, Georgetown, MA 01833

$1,363,000

Last sold 12/02/2018 for $725K

  • 6

    bed

  • 6

    bath

  • 4,188

    Sqft ($173/Sqft)

Multi-family not for sale
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About 123-125 Central

Property type Multi-family
Year built 1930
HOA fee $0/month
Lot size 1 Acre
Movoto estimate
Property description
Once in a Blue Moon rare 6-Unit available in Georgetown. This Income Generator is Fully leased. All units are 3 room 1 BR 1 Bath. Natural Gas heat, hot water & cooking. Each unit utilities are individually metered. CURRENT rents below market. Current operating expenses below $25,000. Gross income over $65,000. Great buy & hold investment for investor looking to add units to their portfolio. Don’t miss out on this opportunity in Georgetown, conveniently located with easy access to major routes, dining, shopping, transportation and schools.
Listed by
Listing Agent - Douglas Dawes
Listing Office - Keller Williams Realty
Source: MLS Property Information Network, Inc. mls logo
MLS#72426409 • last updated 7 years ago
Movoto checked MLS Property Information Network, Inc. for data 6 minutes ago
Overview
Heating Baseboard, Natural Gas
Levels/Style 5, 5
MLS # 72426409
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 4188
Lot Size (SqFt) 43485
Lot Size (Acres) 1
Annual Property Tax 7654
Year Built 1930
Interior
Total # of Bathrooms 6
# Full Baths 6
Total # of Bedrooms 6
Basement Full, Bulkhead, Sump Pump, Concrete, Unfinished
Total # of Rooms 18
Flooring Wood, Tile, Vinyl
Appliances Range, Refrigerator
Interior Features Laundry Room, Bathroom With Tub & Shower, Living Room, Kitchen
Window Features Insulated Windows, Screens
Exterior
Foundation Stone
Roof Shingle
Construction Frame
Parking Desc Paved Drive, Off Street, Assigned, Guest, Paved
# Parking Spaces 11
Exterior Features Rain Gutters, Professional Landscaping
Amenities / Utilities
Sewer Inspection Required For Sale, Private Sewer
Water Source Public
Location
Waterfront Lake/Pond, 1 To 2 Mile To Beach, Beach Ownership(Public)
County Essex
Community Features Public Transportation, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Conservation Area, Highway Access, House Of Worship, Public School
Zoning RA
Directions Approx 1/4 Mile From Town Center Towards Boxford (Rt 97) On Right
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Net Operating Income 44489
Operating Expense 1260
Total Actual Rent 5640
Financial Data Source Owner
Expense: Water/ Sewer 1330
Gross Income 67680
Expense: Electricity 500
Gross Scheduled Income 430
Lot/ Land Details
Road Frontage Public
Road Responsibility Public Maintained Road
Road Surface Paved
$1.36M
Range: $776K-$1.94M
Last 30 days 
  • Feb 2019
    mls logo MLS # 72426409
  • Feb 15, 2019 Sold
    $725,000 (-3.3%)
  • Nov 24, 2018 Listed
    $749,900
  • Year Property taxes Tax assessment
  • 2025
    $12,063 +9.1%
    $1,090,700 +23.77%
  • 2024
    $11,059 +40.9%
    $881,200 +45.73%
  • 2023
    $7,849 -3.8%
    $604,700 +4.35%
  • 2022
    $8,159 -0.6%
    $579,500 +12.18%
  • 2021
    $8,209 -0.2%
    $516,600
  • 2020
    $8,224
    $516,600
  • 123-125 Central
    $725K
  • —
  • 01833
    $949K +11% y/y
  • Georgetown
    $824K +18% y/y
No chart available
Statistics calculated by Movoto

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5/10
Penn Brook Elementary School
public Grades K-6
Georgetown School District
3/10
Georgetown Middle School
public Grades 7-8
Georgetown School District
7/10
Georgetown Middle/High School
public Grades 9-12
Georgetown School District
Source: GreatSchools.org © 2026. All rights reserved.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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