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Sold on 05/25/2018

89 W Main St, Georgetown, MA 01833

$997,000

Last sold 05/25/2018 for $500K

  • 7

    bed

  • 4.5

    bath

  • 2,844

    Sqft ($176/Sqft)

Multi-family not for sale
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About 89 W Main St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 9,600 Sqft
Movoto estimate
Property description
Rarely available 4 unit located right in the heart of downtown Georgetown. CURRENT rents below market w/ long term tenants at $43,680. CURRENT Operating Expenses including Taxes are just under $11,123. PROJECTED RENT ROLL OVER $50,000. Great buy & hold investment opportunity. Don’t miss out on this opportunity, conveniently located with easy access to major routes, dining, shopping, transportation and schools. Separate Utilities. Roof is about 8-10 years old. Unit 1 (4 bedroom) has lead certificates. Walk to American Legion Park and go swimming at Pentucket Pond Outlet Reservoir located a few short steps down the street. All hot water heaters replaced in past 4 years. All units are occupied w/ tenants varying in longevity from 15 years - 1 Year. Owners reserve the right to accept or deny any and all offers. Buyer to allow seller time to find a suitable property for 1031 exchange. Property can be bought together as a package deal w/ 15-17 Central Street (MLS #72236779)
Listed by
Listing Agent - Stephen Martin
Listing Office - Wellsco, LLC
Source: MLS Property Information Network, Inc. mls logo
MLS#72236782 • last updated 8 years ago
Movoto checked MLS Property Information Network, Inc. for data 18 minutes ago
Overview
Levels/Style 4
Type Multi-family
MLS # 72236782
SqFt 2844
Status Sold
SubType 4 Family
Lot Size (Acre) 0.22
Property Tax 6335
Year Built 1900
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 4, 4
# Half Baths 1
Total # of Bedrooms 7, 7
Total # of Rooms 19, 15, 19
Basement Full, Bulkhead
# Fireplaces 0, 0
Exterior
Foundation Fieldstone
Exterior Vinyl
Roof Asphalt/Fiberglass Shingles
Construction Frame
# Parking Spaces 6
Lot Desc Corner, Wooded
Amenities / Utilities
Water Source City/Town Water
Electricity 96
Sewer 250
Location
County Essex
APN M:0006D B:00000 L:00073, 1891195
Multifamily Details
# of Units 4
Unit 3 Rent 715
Unit 4 Rent 775
Unit 2 Rent 750
Unit 1 Rent 1400
$997K
Range: $568K-$1.42M
Last 30 days 
  • May 2018
    mls logo MLS # 72236782
  • May 25, 2018 Sold
    $500,000 (+4.3%)
  • Oct 2, 2017 Listed
    $479,500 (+41.9%)
  • Feb 2009
    Public Records
  • Feb 2, 2009 Sold
    $338,000
  • Feb 2009
    mls logo MLS # 70809577
  • Feb 1, 2009 Sold
    $338,000 (-8.4%)
  • Aug 20, 2008 Listed
    $369,000 (+23.0%)
  • Jun 2007
    Public Records
  • Jun 14, 2007 Sold
    $300,000 (-8.4%)
  • Feb 2001
    Public Records
  • Feb 28, 2001 Sold
    $327,500
  • Year Property taxes Tax assessment
  • 2025
    $7,440 -24.6%
    $672,700 -14.48%
  • 2024
    $9,872 +29.3%
    $786,600 +37.04%
  • 2023
    $7,635 -1.8%
    $574,000 +3.99%
  • 2022
    $7,772 +0.9%
    $552,000 +13.88%
  • 2021
    $7,702 -0.2%
    $484,700
  • 2020
    $7,716
    $484,700
  • 89 W Main St
    $500K
  • —
  • 01833
    $949K +11% y/y
  • Georgetown
    $849K 0% 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 real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
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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