120 2nd Street

LAUREL, MD 20707

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,744 Sqft
  • 8959
    Sqft(Lot)
$1,295,000

Description

Introducing a prime investment opportunity at 120 second street, laurel, md. this beautifully renovated 5,616 sf building, constructed in 1900 and modernized in 2020, boasts 6 units, ideal for a discerning multifamily / low-rise/garden investor. zoned cg and strategically located in the sought-after laurel area, this property offers a lucrative rental potential and a strong foundation for long-term growth. don't miss the chance to add this exceptional asset to your portfolio and capitalize on the thriving real estate market. this property includes 5 residential units and 1 commercial unit. building has special zoning exemption. situated on rt 1 where 30,000 cars pass by each day. 100% occupied. most units are rented below market- value add opportunity.

  • Property Type

    Multi-Family

  • County

    PRINCE GEORGES

  • Style

    Colonial

  • AD ID

    49876868

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Combination Kitchen/Dining,Attic,Bathroom - Tub Shower,Store/Office
    • Exterior Property Features : Street Lights,Exterior Lighting,Flood Lights,Secure Storage
    • Property Appliances: Dryer,Microwave,Oven/Range - Gas,Refrigerator,Washer

    Heating & Cooling

    • Cooling: Central A/C,Window Unit(s)
    • Heating: Forced Air,Radiator
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Exterior Features: Street Lights,Exterior Lighting,Flood Lights,Secure Storage
    • Year Built: 1900
    • Structure: Detached
    • Major Appliances: Dryer,Microwave,Oven/Range - Gas,Refrigerator,Washer
    • New Construction: No
    • Total Units: 1
    • Built: 1900
    • Construction Material: Brick
    • Security System: Carbon Monoxide Detector(s),Smoke Detector
    • Foundation/Basement: Slab
    • Architecture: Colonial
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 8,959
    • Lot Size (Acres): 0.21
    • Architectural Style: Colonial
    • Main Square Feet: 8,959

    Property Information

    • SQ ft: 5,616
    • SQ ft (Living Area): 5,616
    • Total Lot SQ ft: 8,959
    • Financing: Cash,Conventional,Negotiable,Private
    • Total Acreage: 0.21
    • New Construction: No
    • Type: Colonial

  • Listing Information

    • Possession: Immediate,Negotiable,0-30 Days CD,120-180 Days,31-60 Days CD,61-90 Days CD,90-120 Days CD
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $8,259
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate,Negotiable,0-30 Days CD,120-180 Days,31-60 Days CD,61-90 Days CD,90-120 Days CD

    Assessment Information

    • Taxes Assessment Amount: $470,200

  • Parking Information

    • Parking Features: Concrete Driveway,Fenced,Handicap Parking,Lighted Parking,Paved Driveway,Paved Parking,Private,Secure Parking,Assigned
    • Parking Type: Parking Lot

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,Negotiable,Private

    Homeowners Association Information

    • Direction: From 95 north, take the 216 exit (35A). Drive straight past All Saints Rd, turn left on Montgomery St. drive down until you get to 2nd St, then turn left. Building will be on your right hand side

  • School Information

    • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Location Type: Suburban
    • Direction: From 95 north, take the 216 exit (35A). Drive straight past All Saints Rd, turn left on Montgomery St. drive down until you get to 2nd St, then turn left. Building will be on your right hand side
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BuyOwner last updated this listing 06/07/2025 @ 12:29

  • MLS: MDPG2153158
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 3,744 sqft, 8,959 sized lot, and 0 parking. are nearby neighborhoods.