UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $195
MLS Listing ID MDSM2024788
Style Side-by-Side,Split Level,Beaux Arts
Abv Grd Liv Area 5,760
Originating Board BRIGHT
Year Built 2001
Available Date 2025-05-21
Annual Tax Amount $6,665
Tax Year 2024
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Twin/Semi-Detached
Property Description
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.
Location
State MD
County Saint Marys
Zoning RPD
Rooms
Basement Other
Interior
Interior Features 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)
Hot Water Electric
Heating Heat Pump(s)
Cooling Ceiling Fan(s), Heat Pump(s), Programmable Thermostat, Multi Units, Zoned
Flooring Luxury Vinyl Plank, Carpet
Equipment Dishwasher, Dryer - Electric, Exhaust Fan, Oven - Single, Oven/Range - Electric, Refrigerator, Stove, Washer
Fireplace N
Window Features Double Pane
Appliance Dishwasher, Dryer - Electric, Exhaust Fan, Oven - Single, Oven/Range - Electric, Refrigerator, Stove, Washer
Heat Source Electric
Exterior
Garage Spaces 12.0
Utilities Available Cable TV Available, Electric Available, Phone Available, Water Available
Water Access N
View Trees/Woods
Roof Type Composite
Street Surface Access - On Grade,Approved,Gravel
Accessibility 32\"+ wide Doors
Road Frontage State, Private
Total Parking Spaces 12
Garage N
Building
Lot Description Backs to Trees, Cleared, Front Yard, Rear Yard, Road Frontage, Rural, SideYard(s), Sloping
Foundation Block
Sewer Private Sewer
Water Well
Architectural Style Side-by-Side, Split Level, Beaux Arts
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District St. Mary'S County Public Schools
Others
Tax ID 1908044511
Ownership Fee Simple
SqFt Source Estimated
Security Features Main Entrance Lock
Acceptable Financing Cash, Conventional, VA
Listing Terms Cash, Conventional, VA
Financing Cash,Conventional,VA
Special Listing Condition Standard
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Laurie Dau
Realtor | Team Leader | Owner | License ID: RS315078
Realtor | Team Leader | Owner License ID: RS315078