#MDPG2143516, Joseph Obeid, Listing Office: Samson Properties
120 2nd St Laurel, MD 20707
Property details
About 120 2nd St
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.
Highlights
(ACTIVE)
Summary
- Appliances: Dryer, Microwave, Oven, Gas Range, Refrigerator, Washer
- Interior: Combination Kitchen/Dining, Attic, Bathroom - Tub Shower, Store/Office
- Parking: Concrete Driveway,Fenced,Handicap Parking,Lighted Parking,Paved Driveway,Paved Parking,Private,Secure Parking,Assigned, Parking Lot
- Exterior: Street Lights, Exterior Lighting, Flood Lights, Secure Storage
- Architectural Style: Colonial
- Heating: Forced Air, Radiant
- Cooling: Central Air, Window Unit(s)
- List Price: $1,295,000
- Price/SqFt: $230
- Annual Tax Amount: $7,089
- Tax Year: 2024
- 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
- Year Built: 1900
- Living Area: 5,616 SqFt
- Municipality: Laurel
- Lot Size: 0.21 Acres
- MLS Number: MDPG2153158
- MLS Name: BRIGHT
- Office Name: Samson Properties
- Office Phone: (301) 760-2136
- Office Email: donnysamson@samsonproperties.net
- Listing Agent: Joseph Obeid
- Agent Phone: (301) 741-7411
- Agent Email: joseph@onestreet.one
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Last updated on: 5/22/2025, 6:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,295,000
120 2nd St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 09, 2018 | Home Sold | $315,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $450,067 | $7,089 |
2023 | $429,933 | $7,089 |
2022 | $409,800 | $6,757 |
2021 | $409,800 | $10,086 |
2020 | $409,800 | $8,206 |
2019 | $514,900 | $10,139 |
2018 | $495,967 | $9,803 |
2017 | $477,033 | $9,480 |
History based on county public records data.
Nearby schools
4
Laurel Elementary School
Public District PK-5
0.5 mi
•516 Montgomery St
4
Laurel Woods Elementary School
Public District PK-5
1.1 mi
•9250 N Laurel Rd
4
Maryland City Elementary School
Public District PK-5
1.5 mi
•3359 Crumpton S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,017. The majority of Laurel, MD residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 120 2nd St
The listing price of 120 2nd St property is $1,295,000.
The property 120 2nd St is a house located in Laurel, Maryland, 20707.
Active Listing: 120 2nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 120 2nd St are: Laurel Elementary School (GreatSchools Rating 4/10), Laurel Woods Elementary School (GreatSchools Rating 4/10), Maryland City Elementary School (GreatSchools Rating 4/10), Monarch Global Academy Public Charter School Laurel Campus (GreatSchools Rating 6/10), Dwight D. Eisenhower Middle School (GreatSchools Rating 3/10), Murray Hill Middle School (GreatSchools Rating 5/10), Laurel High School (GreatSchools Rating 2/10), Chesapeake Math and It Public Charter (GreatSchools Rating 8/10), Hammond High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $7,089 (source: MLS/based on county public records data).
The last sale was on April 9, 2018 for $315,000 (source: MLS/tax record).
The property at 120 2nd St has 0 bathroom.
The property 120 2nd St is 5,616 SqFt (source: MLS/tax record).
The year of construction for 120 2nd St is 1900.
This home is located at 120 2nd St in Laurel, MD and zip code 20707. This 5,616 square foot home, which was built in 1900, sits on a 0.21 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $1,295,000.
In April 2025 in Laurel, MD there were 122.9% more homes for sale than in March. While the average time on the market in April 2025 was 43 days, the median list price was $500,000.