$1,300,0000.25 Acres6 beds • 6 baths • 4,050 sq ft
For Sale
For Sale
$1,300,0000.25 Acres
For Sale
6 beds • 6 baths • 4,050 sq ft

4 Stimson Street, Kittery, ME 03904 - York County

Residential
Static Google Map
Property ID 23187265

Multi-Family - Kittery, ME

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

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Contact Seller

Duston Leddy Real Estate

Portsmouth, NH

(603) 494-6864
Listing provided by
Joe Leddy
Duston Leddy Real Estate(888) 387-8533
Source: ListHub, MLS# 5036006
Listing status: Active
Listing last updated: April 11, 2025 at 9:35 PM
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Joe Leddy

Duston Leddy Real Estate
(603) 494-6864

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Joe Leddy

Duston Leddy Real Estate