- – beds
- – baths
- 5,616 sqft
- 8,959 sqft lot
- $230 per sqft
- 1900 build
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.
Last checked:
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Last updated May 21, 2025
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MLS# MDPG2153158 —
The Building
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Year Built:1900
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Year Built Source:Assessor
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Year Major Reno/Remodel:2020
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New Construction:No
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Construction Materials:Brick
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Building Units Total:1
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Structure Type:Detached
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Architectural Style:Colonial
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Security Features:Carbon Monoxide Detector(s), Smoke Detector
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Accessibility Features:2+ Access Exits, Level Entry - Main
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Foundation Details:Slab
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt:1872
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Total Below Grade SqFt Source:Estimated
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Tax Total Finished SqFt:3744
Interior
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Interior Features:Combination Kitchen/Dining, Attic, Bathroom - Tub Shower, Store/Office
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:5616
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Living Area SqFt:5,616 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, Negotiable, Private
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Possession:Immediate, Negotiable, 0-30 Days CD, 120-180 Days, 31-60 Days CD, 61-90 Days CD, 90-120 Days CD
Location
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Directions: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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Latitude:39.10238000
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Longitude:-76.84347000
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Location Type:Suburban
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.21
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Lot Size Source:Assessor
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Lot SqFt:8,959 Sqft
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Zoning Description:CG
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Zoning:LAUR
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:C
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (301) 741-7411
- Office phone:
- (301) 760-2136
Taxes
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Tax ID Number:17101088178
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Tax Year:2024
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Tax Annual Amount:$8,259
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Tax Assessed Value:$470,200
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Year Assessed:2025
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County Tax:4352.00
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City/Town Tax:3195.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C, Window Unit(s)
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air, Radiator
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
Schools
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School District Name:Prince George's County Public Schools
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School District Source:Listing Agent
The Community
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Exterior Features:Street Lights, Exterior Lighting, Flood Lights, Secure Storage
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Pool:No Pool
Parking
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Total Garage and Parking Spaces:22
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Garage:No
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Type of Parking:Parking Lot
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Parking Features:Concrete Driveway, Fenced, Handicap Parking, Lighted Parking, Paved Driveway, Paved Parking, Private, Secure Parking, Assigned
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Assigned Spaces Count:22
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Parking Lot - # of Spaces:22
Extra Units
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# of Units:6
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Other Units:Unit 3
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Vacation Rental:No
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One Bedroom Units:5
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/21/25
May 21, 2025
|
Listed / Active | BRIGHT | $1,295,000 |