263 NATIONAL HIGHWAY

LAVALE, MD21502

Exceptional Investment Opportunity – Fully Updated 3-Unit Property with Garages & Strong Rental History! Welcome to 263 B, a well-maintained three-unit multifamily property offering immediate income potential and long-term value. The main house (263 B) has been completely remodeled and is ideal for an owner-occupant or premium rental. The main residence features luxury vinyl plank flooring, a beautifully updated kitchen with electric stove, refrigerator, microwave, and dishwasher conveying, and the convenience of a main-level laundry room. With 2 bedrooms, 1 full bath, a separate dining room, and both front and side porches, this unit offers comfort and functionality. An unfinished basement provides excellent storage space, while driveway parking and a 3-car garage add significant value. Located at the rear of the property are two additional income-producing units, both with long-term tenants already in place: Unit 263 A features 2 bedrooms and 1 full bath, electric baseboard heat, and a welcoming living room with a wood-burning fireplace. Flooring includes carpet in one bedroom, bamboo flooring in the second, and tile in the kitchen and bath. This tenant has resided in the property for 4–5 years and currently pays $700/month. Unit 263 A – Suite #2, remodeled in 2017, offers 1 bedroom and 1 full bath, baseboard heat, and a tenant who has been in place for 7 years, providing stability and consistent income. The owner pays water for the two rear units, and the 3-car garage below is currently used as tenant storage and is not included in rental income, offering future upside potential. Additional updates include vinyl replacement windows, a new exterior door, and architectural shingles on the main house, enhancing both curb appeal and durability. This property is a rare opportunity to live in one unit while generating rental income, or to add a solid, well-maintained asset to your investment portfolio. Strong tenant history, multiple updates, and flexible income potential make this one you don’t want to miss! Call today to schedule a tour! 24 hour noticed required for the rear apartments! Main house is vacant!

Listing courtesy of EXP Realty, LLC



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.