120 Second Street, Laurel, MD, 20707

120 Second Street Laurel, MD 20707

Laurel
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,295,000
Last Verified:
May 22, 2025

Daily Email Blast
0 times


Highlights

  • 30,000 Traffic Count
  • 5 residential units & 1 commercial space
  • 22 parking spaces
  • Renovated in 2020
  • Zoned CG
  • 100% occupancy

Description

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.

Discover the vibrant neighborhood surrounding this desirable property in Laurel, Maryland. Situated in close proximity to the bustling downtown / historic main street area, the location offers easy access to local conveniences and public transportation. Residents will enjoy the tranquil beauty of the nearby Patuxent River, perfect for outdoor activities and leisurely strolls. The property is just minutes away from the historic Laurel Park, a popular destination for horse racing enthusiasts. With a variety of dining options, retail shops, and cultural attractions nearby, this area presents an enticing opportunity for multifamily living in a thriving community. Ideally located on Rt 1, just minutes from other cities and Howard County where 30K plus cars, drive everyday.


Year Built: 1900
Building Size: 5616sq ft
Lot Size: 0.21 acres


Documents

Offering Memorandum

Map of 120 Second Street, Laurel, MD, 20707

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.