Description
Investment opportunity in the heart of lexington park!
don’t miss this rare opportunity to own a fully leased, cash-flowing quadplex just minutes from pax river naval air station, shopping, dining, and major employers. generating over $7,700/month in rental income, this well-maintained asset offers strong cash flow and long-term upside.
each unit features 3 bedrooms, 2.5 baths, in-unit washer/dryers, and private deck off the kitchen, all on two levels. two units have been renovated with new lvp flooring and fresh paint, and various appliances have been updated in the past 3 years across select units. tenants pay their own utilities, keeping expenses low and maximizing net income.
there is also significant value-add potential, with three unfinished basements that could be converted into additional one-bedroom or studio units (buyer to verify with the county on requirements). a separate on-site shed provides added storage.
the property qualifies for conventional residential financing, making it an excellent entry point for investors. all four townhouse-style units are currently leased, but one will be available july 3rd—ideal for an owner-occupant or to re-lease at market rent.
the lot offers a rare sense of privacy—tucked just off the main road, surrounded by mature trees. it’s conveniently close to everything, yet set back enough to feel quiet, private, and removed from the high-traffic areas.
listed at a 7% cap rate. contact the listing agent for the financial overview and lease agreements.
Property Type
Multi-FamilyCounty
SAINT MARYSStyle
Side-by-Side,Split Level,Beaux ArtsAD ID
49692673
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Well
Interior Features
- Attic,Carpet,Ceiling Fan(s),Combination Kitchen/Dining,Dining Area,Entry Level Bedroom,Floor Plan - Traditional,Kitchen - Table Space,Primary Bath(s),Bathroom - Tub Shower,Walk-in Closet(s)
- Roof : Composite
- Exterior Property Features : Outbuilding(s),Play Area,Secure Storage
- Basement Description: Other
- Property Appliances: Dishwasher,Dryer - Electric,Exhaust Fan,Oven - Single,Oven/Range - Electric,Refrigerator,Stove,Washer
Roofing Information
- Composite
Heating & Cooling
- Cooling: Ceiling Fan(s),Heat Pump(s),Programmable Thermostat,Multi Units,Zoned
- Heating: Heat Pump(s)
- Cooling Fuel: Electric
- Heating Fuel: Electric
Window Information
- Window Treatments: Double Pane
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Exterior Features
Building Information
- Exterior Features: Outbuilding(s),Play Area,Secure Storage
- Year Built: 2001
- Structure: Twin/Semi-Detached
- Major Appliances: Dishwasher,Dryer - Electric,Exhaust Fan,Oven - Single,Oven/Range - Electric,Refrigerator,Stove,Washer
- New Construction: No
- Total Units: 4
- Built: 2001
- Construction Material: Advanced Framing,Frame,Stick Built,Vinyl Siding
- Security System: Main Entrance Lock
- Roof: Composite
- Foundation/Basement: Block
- Architecture: Side-by-Side,Split Level,Beaux Arts
- Pool/Private: No Pool
- Roof Type: Composite
Exterior Features
- Utilities: Cable TV Available,Electric Available,Phone Available,Water Available
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Private Sewer
Water
- Water Heat: Electric
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Property / Lot Details
Lot Information
- Lot Size: 87,120
- Lot Size (Acres): 2.00
- Architectural Style: Side-by-Side,Split Level,Beaux Arts
- Stories Total: 3
- Main Square Feet: 87,120
Property Information
- SQ ft: 7,920
- SQ ft (Living Area): 5,760
- Total Lot SQ ft: 87,120
- View: Trees/Woods
- Financing: Cash,Conventional,VA
- Total Acreage: 2.00
- New Construction: No
- Type: Side-by-Side,Split Level,Beaux Arts
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Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 0
-
Taxes / Assessments
Tax Information
- Annual Tax: $6,665
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $749,567
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Features: Circular Driveway,Surface,Asphalt Driveway
- Parking Type: Driveway
Multi-Unit Information
- Acceptable Financing: Cash,Conventional,VA
- Road Surface: Access - On Grade,Approved,Gravel
- Roof: Composite
Homeowners Association Information
- Direction: Directions to 19645 Point Lookout Rd, Lexington Park, MD: Take MD-235 South toward Lexington Park. Turn left on MD-246 East (Great Mills Rd). Turn right on MD-5 South (Point Lookout Rd). Drive about 1.5 miles — 19645 Point Lookout Rd will be on your right.
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School, Utilities & Location Details
School Information
- School District: ST. MARY'S COUNTY PUBLIC SCHOOLS
Utility Information
- Cable TV Available,Electric Available,Phone Available,Water Available
- Water Source: Well
- Sewer: Private Sewer
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: Directions to 19645 Point Lookout Rd, Lexington Park, MD: Take MD-235 South toward Lexington Park. Turn left on MD-246 East (Great Mills Rd). Turn right on MD-5 South (Point Lookout Rd). Drive about 1.5 miles — 19645 Point Lookout Rd will be on your right.
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BuyOwner last updated this listing 05/14/2025 @ 21:26
- MLS: MDSM2024788
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is recently sold, it has 5,760 sqft, 87,120 sized lot, and 0 parking. are nearby neighborhoods.