19645 Point Lookout Rd Lexington Park, MD 20653
Property details
About 19645 Point Lookout Rd
Investment Opportunity in the Heart of Lexington Park! Don’t 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 3rd—ideal for an owner-occupant or to re-lease at market rent. The lot offers a rare sense of privacy—tucked just off the main road, surrounded by mature trees. It’s 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.
Highlights
(ACTIVE)
Summary
- Appliances: Dishwasher, Dryer, Exhaust Fan, Oven, Oven, Electric Range, Refrigerator, Stove, Washer
- Basement: Yes
- Flooring Type: Luxury Vinyl Plank, Carpet
- Interior: Attic, 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)
- Parking: Circular Driveway,Surface,Asphalt Driveway, Driveway
- View: Trees/Woods
- Exterior: Outbuilding(s), Play Area, Secure Storage
- Architectural Style: Side-by-Side, Split Level, Beaux Arts
- Heating: Heat Pump
- Cooling: Ceiling Fan(s), Heat Pump, Multi Unit(s), Zoned
- List Price: $1,125,000
- Price/SqFt: $195
- Annual Tax Amount: $7,077
- Tax Year: 2024
- Lot: Trees, Cleared, Front Yard, Back Yard, Rural Area, Side Yard(s), Sloped
- Directions: Directions 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 1.5 miles — 19645 Point Lookout Rd will be on your right.
- Year Built: 2001
- Living Area: 5,760 SqFt
- Lot Size: 2 Acres
- MLS Number: MDSM2024788
- MLS Name: BRIGHT
- Office Name: O'Brien Realty ERA Powered
- Office Phone: (301) 863-2400
- Office Email: mikeobrien@obrienrealty.com
- Listing Agent: Haris Javaid
- Agent Phone: (240) 577-3387
- Agent Email: hajava93@gmail.com
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Last updated on: 6/11/2025, 11:45:41 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,125,000
19645 Point Lookout Rd
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 14, 2020 | Home Sold | $612,000 |
Nov 03, 2000 | Home Sold | $115,000 |
Apr 05, 2000 | Home Sold | $80,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $694,433 | $7,077 |
2023 | $639,300 | $7,077 |
2022 | $626,900 | $6,016 |
2021 | $614,500 | $5,866 |
2020 | $602,100 | $- |
2018 | $590,567 | $6,543 |
2017 | $584,800 | $6,409 |
History based on county public records data.
Nearby schools
3
George Washington Carver Elementary School
Public District PK-5
1.3 mi
•46155 Carver School Blvd
3
Park Hall Elementary School
Public District PK-5
1.7 mi
•20343 Hermanville Rd
4
Lexington Park Elementary School
Public District PK-5
2.3 mi
•46763 S Shangri La Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,882. Residents of Lexington Park, MD typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
Frequently asked questions
About 19645 Point Lookout Rd
The listing price of 19645 Point Lookout Rd property is $1,125,000.
The property 19645 Point Lookout Rd is a multi located in Lexington Park, Maryland, 20653.
Active Listing: 19645 Point Lookout Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 19645 Point Lookout Rd are: George Washington Carver Elementary School (GreatSchools Rating 3/10), Park Hall Elementary School (GreatSchools Rating 3/10), Lexington Park Elementary School (GreatSchools Rating 4/10), Chesapeake Charter School (GreatSchools Rating 8/10), Esperanza Middle School (GreatSchools Rating 7/10), Spring Ridge Middle School (GreatSchools Rating 5/10), Great Mills High School (GreatSchools Rating 4/10), Leonardtown High School (GreatSchools Rating 6/10), Patuxent High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $7,077 (source: MLS/based on county public records data).
The last sale was on August 14, 2020 for $612,000 (source: MLS/tax record).
The property 19645 Point Lookout Rd is 5,760 SqFt (source: MLS/tax record).
The year of construction for 19645 Point Lookout Rd is 2001.
This home is located at 19645 Point Lookout Rd in Lexington Park, MD and zip code 20653. This 5,760 square foot home, which was built in 2001, sits on a 2.00 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $1,125,000.
The number of listings in Lexington Park, MD increased by 77.8% between April and May 2025. In May 2025 median list price was $399,900 and the average listing age was 45 days.