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120 2nd St Apartment Building $1,295,000 Laurel, MD 20707
EXECUTIVE SUMMARY
ONE Street Commercial Properties is proud to present this new listing.
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, 1 commercial unit, and 22 parking spaces. Building has special zoning exemption. Situated on RT 1 where 30,000 cars pass by each day.
Highlights:
30,000 Traffic Count
5 residential units & 1 commercial space
22 parking spaces
Renovated in 2020
Zoned CG
100% occupancy
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, 1 commercial unit, and 22 parking spaces. Building has special zoning exemption. Situated on RT 1 where 30,000 cars pass by each day.
Highlights:
30,000 Traffic Count
5 residential units & 1 commercial space
22 parking spaces
Renovated in 2020
Zoned CG
100% occupancy
PROPERTY FACTS
| Price | $1,295,000 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 5,616 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2020 |
| Building Class | B | Parking Ratio | 3.21/1,000 SF |
| Zoning | CG - Situated in close proximity to the bustling downtown / historic main street area. | ||
| Price | $1,295,000 |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.21 AC |
| Building Size | 5,616 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2020 |
| Parking Ratio | 3.21/1,000 SF |
| Zoning | CG - Situated in close proximity to the bustling downtown / historic main street area. |
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Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 10-1088178 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $450,067 |
PROPERTY TAXES
Parcel Number
10-1088178
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$450,067
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120 2nd St
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