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263 National Highway

LAVALE, MD 21502
  • $265,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: MDAL2013686
New On Site 6 Days Ago
UPDATED: 77 min ago
$265,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,472
    SQFT
  • $180
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

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!

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-16T09:54:03.713.
www.baltimorehousehunters.com/homes/171984746
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263 National Highway LAVALE, MD 21502

  • Price: $265,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 77 min ago
  • ID#: MDAL2013686
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1,472
SQFT
$180
$/SQFT
1900
Built
Neighborhood:
Lavale - Allegany County (Mdal4)
County:
Allegany
Area:
Lavale - Allegany County (Mdal4)
School District:
Allegany County Public Schools
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!
Exterior Features

Architectural Style Dwelling with RentalOther Construction Materials Vinyl SidingBlock Garage Spaces 3.00 Garage Type Garage - Side Entry Garage YN Yes Parking Types DrivewayAttached GarageOn StreetOff Street Pool No Pool Property Condition Excellent Roof Architectural Shingle View MountainStreetTrees/Woods Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1472 Appliances DishwasherOven/Range - ElectricRefrigeratorMicrowave Basement Connecting StairwayFullOutside EntranceSpace For RoomsUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 304 Cooling None Fireplace YN No Flooring Laminate PlankCarpetTile/Brick Heating Baseboard - ElectricForced Air Heating YN Yes Interior Features CarpetFloor Plan - OpenFormal/Separate Dining RoomWalk-in Closet(s) Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2 Walls Ceilings Dry WallPlaster Walls

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Existing Lease Type YearlyLong Term Foundation Details BlockStone Heating Fuel ElectricNatural Gas Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 3 Number Of Units Vacant 1 Original MLSNumber 804425549654 Owner Pays Water Ownership Interest Fee Simple Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 1323.00 Vacation Rental YN No Water Source Public Window Features Vinyl Clad Zoning RESIDENTIAL

Listing courtesy of EXP Realty, LLC: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-16T09:54:03.713.
 
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The Schiff Home Team | eXp Realty LLC
9505 Reisterstown Rd Ste 1S
Owings Mills MD, 21117