120 2ND ST new to site

Laurel,MD 20707

$ 1295000

- Bed

- Bath

5616 SqFt


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

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