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Laurel,MD 20707
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 5,616 sqft
Price per Sqft $230
MLS Listing ID MDPG2153158
Style Colonial
Abv Grd Liv Area 3,744
Year Built 1900
Annual Tax Amount $8,259
Tax Year 2024
Lot Size 8,959 Sqft
Acres 0.21
Property Sub-Type Detached
Source BRIGHT
Property 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.
Location
State MD
County Prince Georges
Zoning LAUR
Interior
Interior Features Combination Kitchen/Dining,Attic,Bathroom - Tub Shower,Store/Office
Hot Water Natural Gas
Heating Forced Air,Radiator
Cooling Central A/C,Window Unit(s)
Equipment Dryer,Microwave,Oven/Range - Gas,Refrigerator,Washer
Fireplace N
Appliance Dryer,Microwave,Oven/Range - Gas,Refrigerator,Washer
Heat Source Natural Gas
Exterior
Garage Spaces 22.0
Parking On Site 22
Water Access N
Accessibility 2+ Access Exits,Level Entry - Main
Total Parking Spaces 22
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17101088178
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Smoke Detector
Acceptable Financing Cash,Conventional,Negotiable,Private
Listing Terms Cash,Conventional,Negotiable,Private
Financing Cash,Conventional,Negotiable,Private
Special Listing Condition Standard