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$1,059,000 Just Listed
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Property Description
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 investor who wants to add Commercial to their portfolio. 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. Some units are rented below market- value add opportunity.
Full Property Details
Full Property Details for 120 Second St
General
- Price: $1,059,000
- Taxes: $8,660 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDPG2204552
- Updated: Today (5/26/2026)
- Added to Site: Today
Business
- Business Type: Apartment Building, Bed and Breakfast, Flex, Hair Sal
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector
Parking
- Total Spaces: 20
- Parking Features: Fenced, Handicap Parking, Lighted Parking, Paved Parking, Private
- 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
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
- Construction: Brick
- Foundation: Slab
- Building Size: 5616
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6
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.: $188.57
- Assessment Year: 2026
- City/TownTax: $3,338
- City/TownTax Freq: Annually
- County Tax: $4,580
- County Tax Freq: Annually
- Tax w/Assessment: $473,933
- Tax Amount: $8,660
- Tax Year: 2025
- Owner Pays: Gas, Common Area Maintenance, Management, Insurance, Pest Control, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
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 ATTOM Data Solutions 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
5/26/2026
Listed
$1,059,000
236.19%
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
2024
$9,146
29%
$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# MDPG2204552) is a Apartment property. 120 2nd Street is currently listed for $1,059,000 and was received on May 26, 2026. Want to learn more about 120 2nd Street? Do you have questions about finding other Apartment real estate for sale in Laurel? You can browse all Laurel real estate or contact a Coldwell Banker agent to request more information.

