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120 2nd StreetLaurel, MD 20707Price: $1,059,000

  • Price: $1,059,000
  • Est. Mortgage of $/month
  • 7 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,059,000List Price
  • 5,616Square Feet
$100k price reduction, Bring your offers! 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/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, and 20+ commercial parking spaces. Situated on RT 1 where 30,000 cars pass by each day. 100% Occupied.
Listed by Joseph Obeid of Samson Properties

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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More Info

Location Information

  • UsmAreaLaurel

School Information

  • High School DistrictPrince George's County Public Schools
  • School District SourceListing Agent

Parking

  • Parking FeaturesFenced, Handicap Parking, Lighted Parking, Paved Parking, Private
  • Parking TypesParking Lot

Basic Information

  • Date Listed07/08/2026

Property

  • Acreage0.21
  • Lot Size SourceEstimated
  • Lot Size Square Feet8,959
  • New Construction YNN
  • Number Of Units Leased6
  • Number Of Units Mo Mo3
  • Property ConditionExcellent
  • Property SubTypeOther
  • ZoningLAUR
  • Zoning DescriptionCG

Exterior

  • Exterior FeaturesStreet Lights, Exterior Lighting, Flood Lights, Secure Storage

Amenities

  • Accessibility Amenities2+ Access Exits, Level Entry - Main
  • Other AmenitiesGarden
  • PoolNo Pool

Other

  • Appliances IncludedDryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6

Basic Information

  • Broker NameSamson Properties
  • List Price$1,059,000
  • LocationTypeSuburban
  • MLS NumberMDPG2210260
  • MLS Property TypeResidential Income
  • Price Per Square Foot283
  • Security FeaturesCarbon Monoxide Detector(s), Smoke Detector
  • StatusACT
  • Units4

Location

  • Address120 2nd Street
  • Building Number120
  • CountyPrince Georges
  • DirectionsFrom 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
  • In City Limits YNYes
  • IncorporatedcitynameLaurel
  • Living Area SourceEstimated
  • StateMD
  • TownLaurel
  • Zip20707

Utilities

  • Central Air YNYes
  • CoolingCentral A/C, Window Unit(s)
  • Cooling FuelElectric
  • Heat SystemForced Air, Radiator
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

Tax Information

  • Assessment Year2026
  • City Town Tax$3,338
  • City Town Tax Payment FrequencyAnnually
  • County Tax$4,580
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$473,933
  • Tax Year2025
  • Taxes$8,660
  • Total Taxes Payment FrequencyAnnually

Building

  • Construction MaterialsBrick
  • FoundationSlab
  • One Bedroom Units5
  • Property StyleColonial
  • Square Feet5,616
  • Structure Design TypeDetached
  • Two Bedroom Units1
  • Year Built1900
  • Year Built Effective2020

Interior

  • Interior FeaturesCombination Kitchen/Dining, Attic, Bathroom - Tub Shower, Store/Office

Property Information

  • Area Total5,616
  • Area Total SourceEstimated
  • Below Grade Area Total1,872
  • Below Grade Area Total SourceEstimated

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated July 14, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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