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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
Year Built 1900
Annual Tax Amount $8,259
Tax Year 2024
Lot Size 8,959 Sqft
Property Sub-Type Detached
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
Hot Water Natural Gas
Heating Forced Air,Radiator
Cooling Central A/C,Window Unit(s)
Equipment Dryer,Microwave,Oven/Range - Gas,Refrigerator,Washer
Exterior
Garage Spaces 22.0
Parking On Site 22
Water Access N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Acceptable Financing Cash,Conventional,Negotiable,Private
Listing Terms Cash,Conventional,Negotiable,Private
Special Listing Condition Standard