MD > Lavale
Lavale, MD 21502,263 NATIONAL HWY
Lavale, MD 21502,263 NATIONAL HWY
Lavale, MD 21502,263 NATIONAL HWY
Lavale, MD 21502,263 NATIONAL HWY
Lavale, MD 21502,263 NATIONAL HWY
Lavale, MD 21502,263 NATIONAL HWY
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Reamie Tabin

Reamie Tabin

+1(757) 828-8035
Listed by Pamela A Terry • EXP Realty, LLC
$ 265,000
Est. payment | /mo

1,472 SqFt

Save
$ 265,000
Est. payment | /mo
Save

1,472 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,472 sqft

Price per Sqft $180

MLS Listing ID MDAL2013686

Style Dwelling with Rental,Other

Abv Grd Liv Area 1,472

Year Built 1900

Annual Tax Amount $1,323

Tax Year 2025

Lot Size 0.265 Acres

Acres 0.27

Property Sub-Type Detached

Source BRIGHT

Property Description

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!

Location

State MD

County Allegany

Area Lavale - Allegany County (Mdal4)

Zoning RESIDENTIAL

Rooms

Basement Connecting Stairway, Full, Outside Entrance, Space For Rooms, Unfinished

Interior

Interior Features Carpet, Floor Plan - Open, Formal/Separate Dining Room, Walk-in Closet(s)

Hot Water Electric

Heating Baseboard - Electric, Forced Air

Cooling None

Flooring Laminate Plank, Carpet, Tile/Brick

Equipment Dishwasher, Oven/Range - Electric, Refrigerator, Microwave

Fireplace N

Window Features Vinyl Clad

Appliance Dishwasher, Oven/Range - Electric, Refrigerator, Microwave

Heat Source Electric, Natural Gas

Exterior

Parking Features Garage - Side Entry

Garage Spaces 6.0

Water Access N

View Mountain, Street, Trees/Woods

Roof Type Architectural Shingle

Accessibility None

Attached Garage 3

Total Parking Spaces 6

Garage Y

Building

Foundation Block, Stone

Above Ground Finished SqFt 1472

Sewer Public Sewer

Water Public

Architectural Style Dwelling with Rental, Other

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,Plaster Walls

New Construction N

Schools

School District Allegany County Public Schools

Others

Tax ID 0129005958

Ownership Fee Simple

SqFt Source 1472

Special Listing Condition Standard

Bright MLS (BMLS)
Reamie Tabin

+1(757) 828-8035

reamie.tabin@exprealty.com

780 Lynnhaven Pkwy # 370, Beach, VA, 23452

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