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$1,195,000
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Property Description
$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 22 commercial parking spaces. Situated on RT 1 where 30,000 cars pass by each day. 100% Occupied. Most units are rented below market- value add opportunity.
Full Property Details
Full Property Details for 120 Second St
General
- Price: $1,195,000
- Taxes: $8,259 (2024)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDPG2153158
- Updated: 1/1/2026
- Added to Site: 241 day(s) ago
Interior
- Interior Features: Combination Kitchen/Dining, Attic, Bathroom - Tub Shower, Store/Office
- Appliances: Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector
Exterior
- Exterior Features: Street Lights, Exterior Lighting, Flood Lights, Secure Storage
Parking
- Assigned Spaces: 22
- Total Spaces: 22
- Parking Features: Concrete Driveway, Fenced, Handicap Parking, Lighted Parking, Paved Driveway, Paved Parking, Private, Secure Parking, Assigned
- Parking Type: Parking Lot
Location
- Municipality: Laurel
- County: PRINCE GEORGES
- Driving 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
- Location Details: Suburban
- City Limits: Yes
School Information
- School District: Prince George's County Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air, Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Brick
- Foundation: Slab
- Square Feet: 5,616
- Sq. Ft. Source: Estimated
- Living Area: 5,616 Sq. Ft.
- Finished Above Grnd: 3,744 Sq. Ft.
- Finished Below Grnd: 1,872 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Other Units: Unit 3
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 8,959
- Lot Size Source: Assessor
- Zoning: LAUR
Financial Considerations
- Price Per Sq. Ft.: $319.18
- Assessment Year: 2025
- City/TownTax: $3,195
- City/TownTax Freq: Annually
- County Tax: $4,352
- County Tax Freq: Annually
- Tax w/Assessment: $470,200
- Tax Amount: $8,259
- Tax Year: 2024
- Tax Total Finished Sq. Ft.: 3744
Disclosures and Reports
- Ownership: Fee Simple
Listed by Samson Properties, Joseph Obeid
Get Pre-Approved Today
Schools
Schools serving 120 Second St
School District:Prince George's County Public Schools
| Name | Grades | Distance |
|---|---|---|
Laurel Elementary School, Laurel, MD 516 Montgomery Street, Laurel, MD 20707 | PK-5 | 0.5 mi |
Dwight D. Eisenhower Middle School 13725 Briarwood Drive, Laurel, MD 20708 | 6-8 | 1.7 mi |
Laurel High School 8000 Cherry Lane, Laurel, MD 20707 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Second St
Date
Details
Price
Change
Source
9/03/2025
Price Reduced
$1,195,000
-7.72%
MLS
5/21/2025
Listed
$1,295,000
311.11%
MLS
2/14/2018
Sold
$315,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 Second St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,090
—
$470,200
4%
2023
$7,090
—
$450,067
5%
2023
$7,090
5%
$429,933
5%
2022
$6,758
-33%
$409,800
—
2019
$10,087
23%
$409,800
—
2021
$8,207
-19%
$409,800
-20%
2020
$10,139
3%
$514,900
4%
2019
$9,803
3%
$495,967
4%
2018
$9,481
3%
$477,033
4%
2017
$9,180
—
$458,100
—
2016
$9,193
2%
$458,100
—
2015
$8,971
-9%
$458,100
-10%
2014
$9,833
—
$509,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 Second St
120 2nd Street, Laurel, MD 20707 (MLS# MDPG2153158) is a Single Family property with 0 bedrooms and 0 full bathrooms. 120 2nd Street is currently listed for $1,195,000 and was received on May 21, 2025. Want to learn more about 120 2nd Street? Do you have questions about finding other Single Family real estate for sale in Laurel? You can browse all Laurel real estate or contact a Coldwell Banker agent to request more information.

