263 National Hwy Lavale, MD 21502

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!