19645 POINT LOOKOUT ROAD

LEXINGTON PARK, MD 20653

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.

Listing courtesy of O'Brien Realty ERA Powered



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.