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5503 Lanham Station Rd

Lanham MD 20706

6
4
2500 sq. ft.
23477 sq. ft.
Single-Family
Currently for sale - view listing

Overview

$$$$$ MONEY MAKER $$$$$ Spacious 6-Bedroom Rambler/Rancher with Income Potential on Over Half an Acre! Welcome to this lovely 6-bedroom, 4-bathroom rambler/rancher offering endless possibilities! Nestled on a fully fenced, over half-acre lot, this unique home features 3 full kitchens, making it perfect for multi-generational living or an incredible investment opportunity for those looking to earn additional income. The fully finished basement includes two separate entrances, allowing for rental potential as two independent units on the lower level while living on the upper level. Alternatively, you may wish to explore using the entire home as a multi-family, investment unit - your options are endless! Step inside where you'll enjoy modern touches like hardwood floors, granite countertops, and FOUR stunning, fully updated, full bathrooms throughout. The roof was also replaced in 2019, adding peace of mind. While some cosmetic updates are needed, a significant amount of upgrades have been made so bring your vision and make it truly your own. Whether you're looking to live in one space and rent out the rest, or simply need expanded space for in-law suites, a group home or simply for your personal use, this property offers flexibility, functionality, and value. Outside, enjoy a lush, lovingly maintained garden?perfect for relaxing, entertaining, or cultivating your own backyard oasis. The spacious backyard also offers massive storage potential, whether you dream of a workshop, space for multiple cars / parking, heavy machinery, large gatherings or even future expansion. It also has two patios for entertainment or quiet moments - the sky is the limit. Don't miss your chance to own this rare gem with limitless potential, inside and out with room to grow as far as your dreams will take you. Don?t wait?your dream home and investment opportunity all in one is just a showing away!

Features

6 bedrooms
4 bathrooms
2500 sq. ft. floor area
23477 sq. ft. lot size
Single-Family

Property history for 5503 Lanham Station Rd

2018
Sold
$285,000
26 Apr 2018 by Leonel Turcios

Happy sellers in Lanham

100%
100% of sellers in Lanham reported that their sale price either exceeded or met their price expectations.

Lanham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Lanham over the last 12 months.

Local market activity for 6 bedroom single-family properties in Lanham

In the last 12 months, 10 six-bedroom single-family properties similar to 5503 Lanham Station Rd, have been sold.

This represents a 53% increase in six-bedroom single-family properties sales when compared to the previous 12 months.

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