4 Stimson Street, Kittery, ME 03904
- Beds
- 6
- Baths
- 6
- Sqft
- 4,050
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
Prime 3-Unit Investment Property - Low Maintenance, High Return Welcome to 4 Stimson Street — a well-maintained, low-maintenance triplex perfectly located near Kittery Foreside and downtown Portsmouth. This multifamily property offers three spacious 2-bedroom, 2-bath units, each featuring hardwood floors and updated finishes throughout, blending comfort, style, and long-term durability. In addition to generous off-street parking, two of the units include drive-under garages, providing secure parking and additional storage space. One unit also features a full, unfinished basement that's already plumbed for an extra bathroom—offering future expansion potential and added value. With a projected gross annual rental income of $126,000 and tenants covering all utilities, this property ensures strong, consistent cash flow. Coupled with minimal owner responsibilities—limited to property taxes, insurance, snow removal, and routine upkeep—it offers an attractive 8.65% capitalization rate and a truly low-maintenance ownership experience. Whether you're expanding your real estate portfolio, considering a condo conversion, or seeking a turnkey multifamily property in a highly desirable Seacoast location, 4 Stimson Street is a standout investment opportunity built for long-term success
Location
Full feature list
Basic info
- Number of bedrooms
- 6
- Number of bathrooms
- 6
- Square feet
- 4,050
- Lot size (acres)
- 0.25
- Year built
- 1890
Interior features
- Basement
- Yes, Finished
Garage and parking
- Garage parking spaces
- 2
Utilities
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $9,363
Public schools
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Sourced from: PrimeMLS MLS®#: 5036006 Last checked: …

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