Seller's Agent in 2025
Joe Leddy
Duston Leddy Real Estate
(603) 494-6864
3 in this area
182 Total Sales
4 Stimson St Kittery, ME 03904
6
Beds
6
Baths
4,050
Sq Ft
10,890
Sq Ft
Highlights
- Colonial Architecture
- Forced Air Heating System
- 2 Car Garage
- Horace Mitchell Primary School Rated A-
About This Home
As of June 2025Prime 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
Last Agent to Sell the Property
Duston Leddy Real Estate Brokerage Phone: 603-494-6864 License #060633 Listed on: 04/11/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $9,363
Year Built
- Built in 1890
Parking
- 2 Car Garage
Home Design
- Colonial Architecture
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 4,050 Sq Ft Home
- Property has 3 Levels
- Basement
- Interior Basement Entry
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Separate Meters
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 3
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
Jun 6, 2025
Sold by
4 Stimson Street Llc
Bought by
Jaclyn A Machometa Ret and Machometa
Seller's Agent
Joe Leddy
Duston Leddy Real Estate
Buyer's Agent
Lauren Belaidi
The Aland Realty Group
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$299
Avg. Annual Appreciation
-0.04%
Original Mortgage
$1,140,000
Outstanding Balance
$1,132,084
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,617
Purchase Details
Closed on
Nov 17, 2023
Sold by
Marshall Richard C and Marshall Gail E
Bought by
4 Stimson Street Llc
Purchase Details
Closed on
Dec 3, 2010
Sold by
Rmac Pass-Through T and Wells Fargo Bank Na
Bought by
Rmac Pass-Through T and Wells Fargo Bank Na
Purchase Details
Closed on
Dec 27, 2006
Sold by
Sinclair Guy
Bought by
Buckman Mary and Buckman Lawrence
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,400
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | None Available | |
| Warranty Deed | $1,200,000 | None Available | |
| Warranty Deed | $1,200,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,140,000 | Purchase Money Mortgage | |
| Closed | $1,140,000 | Purchase Money Mortgage | |
| Previous Owner | $402,400 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $1,200,000 | -7.7% | $296 / Sq Ft |
| 05/05/2025 05/05/25 | Pending | -- | -- | -- |
| 04/12/2025 04/12/25 | Off Market | $1,300,000 | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $1,300,000 | -- | $321 / Sq Ft |
Source: PrimeMLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,363 | $659,400 | $189,300 | $470,100 |
| 2023 | $8,974 | $659,400 | $189,300 | $470,100 |
| 2022 | $8,889 | $659,400 | $189,300 | $470,100 |
| 2021 | $8,572 | $659,400 | $189,300 | $470,100 |
| 2020 | $8,506 | $659,400 | $189,300 | $470,100 |
| 2019 | $7,115 | $408,900 | $86,200 | $322,700 |
| 2018 | $6,727 | $400,400 | $86,200 | $314,200 |
| 2017 | $6,607 | $400,400 | $86,200 | $314,200 |
| 2016 | $6,426 | $400,400 | $86,200 | $314,200 |
| 2015 | $6,274 | $400,400 | $86,200 | $314,200 |
| 2014 | $6,214 | $400,400 | $86,200 | $314,200 |
| 2013 | $4,417 | $290,200 | $86,200 | $204,000 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Leddy
-
Lauren Belaidi
L
Buyer's Agent in 2025
Lauren Belaidi
The Aland Realty Group
(603) 397-7955
1 in this area
45 Total Sales
Map
Source: PrimeMLS
MLS Number: 5036006
APN: KITT-000003-000000-000023
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Nearby Homes
- 29 Main St
- 35 Badgers Island W Unit 203
- 35 Badgers Island W Unit 301
- 35 Badgers Island W Unit 302
- 35 Badgers Island W Unit 103
- 27 Oak Terrace
- 25 Oak Terrace
- 30-3 Regency Cir Unit 3
- 36 State St
- 137 Daniel St Unit D302
- 66 State St Unit 202
- 80 State St Unit 302
- 93 High St Unit 4
- 159 State St Unit 1b
- 20 Ladd St Unit K
- 77 Hanover St Unit 3
- 77 Hanover St Unit 12
- 18 Congress St Unit 302
- 4 Trefethen Ave
- 144 Washington St
Your Personal Tour Guide
Ask me questions while you tour the home.