#1618567, Listing Office: Anne Erwin Sotheby's International Realty
Property details
About 4 Stimson St
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.
Highlights
Home typeOther
HeatingForced Air
StatusActive Under Contract
Size4,050 sqft
BasementYes
Lot size0.25 Acres
Year built1890
Parking11 - 20 Spaces, Paved, Common, On Site
MLS #1618847
Garage2 spaces
Summary
- Full Bathrooms: 6
- Basement: Yes
- Flooring Type: Wood
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: 11 - 20 Spaces, Paved, Common, On Site
- Architectural Style: Other
- Heating: Forced Air
- Cooling: None
- List Price: $1,300,000
- Annual Tax Amount: $8,974
- Tax Year: 2023
- Year Built: 1890
- Living Area: 4,050 SqFt
- Lot Size: 0.25 Acres
- MLS Number: 1618847
- MLS Name: Maine Listings
- Office Name: Duston Leddy Real Estate
- Office Phone: (603) 610-8285
- Office Email: adam@dustonleddy.com
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. 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. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2025, 3:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,300,000
4 Stimson St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $659,400 | $8,974 |
| 2022 | $659,400 | $8,889 |
| 2021 | $659,400 | $8,572 |
| 2019 | $408,900 | $7,115 |
| 2018 | $400,400 | $6,727 |
History based on county public records data.
Nearby schools
9
Little Harbour School
Public District KG-5
1.4 mi
•50 Clough Dr Ste 1
8
New Franklin School
Public District KG-5
1.4 mi
•1 Franklin Dr
6
Horace Mitchell Primary School
Public District KG-3
2.5 mi
•7 School Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,239. Typical income of Kittery, ME residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
24%
<35k
64%
35k-100k
9%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
52%
Single, No Kids
6%
Single, with Kids
31%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
20%
18-34 yrs old
48%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4 Stimson St
The listing price of 4 Stimson St property is $1,300,000.
The property 4 Stimson St is a house located in Kittery, Maine, 03904.
Active Under Contract: 4 Stimson St is Active Under Contract, there is still a chance to have your real estate agent submit an offer.
The nearby schools for 4 Stimson St are: Little Harbour School (GreatSchools Rating 9/10), New Franklin School (GreatSchools Rating 8/10), Horace Mitchell Primary School (GreatSchools Rating 6/10), Portsmouth Middle School (GreatSchools Rating 7/10), Shapleigh School (GreatSchools Rating 5/10), Rye Junior High School (GreatSchools Rating 7/10), Robert W Traip Academy (GreatSchools Rating 6/10), Portsmouth High School (GreatSchools Rating 8/10), York High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $8,974 (source: MLS/based on county public records data).
The property at 4 Stimson St has 6 bathrooms.
The property 4 Stimson St is 4,050 SqFt (source: MLS/tax record).
The year of construction for 4 Stimson St is 1890.
This home is located at 4 Stimson St in Kittery, ME and zip code 03904. This 4,050 square foot home, which was built in 1890, sits on a 0.25 acre lot. Features: 6 bathrooms. It is currently priced at $1,300,000.
From Rocket Homes Real Estate and based on county public records data.