Lexington Park, MD 20653 19645 Point Lookout Road

Sold: Aug 21, 2025
19645 Point Lookout Road Lexington Park, MD - Image 119645 Point Lookout Road Lexington Park, MD - Image 219645 Point Lookout Road Lexington Park, MD - Image 3
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  • MLS# MDSM2024788
  • 05/21/2025
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  • Beds • 12

Home Details

Investment Opportunity in the Heart of Lexington Park! Dont 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 3rdideal for an owner-occupant or to re-lease at market rent. The lot offers a rare sense of privacytucked just off the main road, surrounded by mature trees. Its 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.
Presented By: O'Brien Realty ERA Powered

General for 19645 Point Lookout Road

Acceptable FinancingCash, Conventional, VA
Accessibility32 + wide Doors
AppliancesDishwasher, Dryer - Electric, Exhaust Fan, Oven - Single, Oven/Range - Electric, Refrigerator, Stove, Washer
Architectural StyleSide-by-Side, Split Level, Beaux Arts
Association Recreation FeeN
Buyer FinancingConventional
Cap Rate7.00
CityLEXINGTON PARK
Close Price1075000.00
Construction MaterialsAdvanced Framing, Frame, Stick Built, Vinyl Siding
Cool FuelElectric
CoolingCeiling Fan(s), Heat Pump(s), Programmable Thermostat, Multi Units, Zoned
CountySAINT MARYS
DirectionsDirections 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.
Garage Y/NNo
HeatingHeat Pump(s)
Historic Y/NNo
Lease TypeMonth to Month, Yearly
Lot Size Square Feet87120.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-08-22T00:00:48
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG195.31
Property ConditionVery Good
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofComposite
School DistrictST. MARY'S COUNTY PUBLIC SCHOOLS
Security FeaturesMain Entrance Lock
SewerPrivate Sewer
Single Room Units Count0
Standard StatusClosed
StatusCLOSED
Structure TypeTwin/Semi-Detached
Tax Annual Amount6665.0
Tax Assessed Value749567.0
Tax Year2024
Total Actual Rent92448.00
Total SQFT7920
Two Bedroom0
UtilitiesCable TV Available, Electric Available, Phone Available, Water Available
Vacation Rental Y/NNo
ViewTrees/Woods
Water Access Y/NNo
Year Built2001
Year Built SourceAssessor
ZoningRPD

Interior for 19645 Point Lookout Road

BasementOther
Basement (Y/N)Yes
BuyerOfficeEmailwhiteplains@penfedrealty.com
Central Air Y/NNo
Fireplace Y/NNo
FlooringLuxury Vinyl Plank, Carpet
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesAttic, 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)
LivingAreaSourceAssessor
Three Bedroom Units Count4
Total Stories3
Window FeaturesDouble Pane

Exterior for 19645 Point Lookout Road

Exterior AmenitiesOutbuilding(s), Play Area, Secure Storage
Foundation DetailsBlock
Land Assessed Value142500.00
Land Use CodeR
Lot FeaturesBacks to Trees, Cleared, Front Yard, Rear Yard, Road Frontage, Rural, SideYard(s), Sloping
Lot Size Acres2.00
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesCircular Driveway, Surface, Asphalt Driveway
PoolNo Pool
Road ResponsibilityState, Private
Road Surface TypeAccess - On Grade, Approved, Gravel
SpaNo
Total Parking Spaces12
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourceWell
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Anette Ellis

Realtor
Price $1,125,000
MLS#MDSM2024788
List Date 05/21/2025
Property Type Multi-Family
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