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Kelly Martinez

kelly@thefinenest.com +1(571) 839-2852

Listed by Joseph Obeid • Samson Properties

$1,059,000

Est. payment - /mo

8,959 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDPG2204552

Year Built 1900

Annual Tax Amount $8,660

Tax Year 2025

Lot Size 8,959 Sqft

Acres 0.21

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Introducing a prime investment opportunity at 120 Second Street, Laurel, MD. This beautifully renovated 6- UNIT building spanning 5,616 total SF is ideal for a discerning Multifamily / Low-Rise investor who wants to add Commercial to their portfolio. 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, and 20 commercial parking spaces. Situated on RT 1 where 30,000 cars pass by each day. 100% Occupied. Some units are rented below market- value add opportunity.

Location

State MD

County Prince Georges

Zoning LAUR

Interior

Hot Water Natural Gas

Heating Forced Air, Radiator

Cooling Central A/C, Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 20.0

Water Access N

Accessibility 2+ Access Exits, Level Entry - Main

Total Parking Spaces 20

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Prince George'S County Public Schools

Others

Tax ID 17101088178

Ownership Fee Simple

Security Features Carbon Monoxide Detector(s),Smoke Detector

Acceptable Financing Cash, Conventional, Negotiable, Private, Seller Financing

Listing Terms Cash, Conventional, Negotiable, Private, Seller Financing

Financing Cash,Conventional,Negotiable,Private,Seller Financing

Special Listing Condition Standard

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Nearby School & Business

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Kelly Martinez

+1(571) 839-2852

REALTOR® | OWNER | License ID: 0225209978

REALTOR® | OWNER License ID: 0225209978

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120 2ND ST Laurel, MD 20707

Kelly Martinez

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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