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    120 2Nd St Laurel, MD 20707

    New
    For Sale
    $1,195,000

    MULTI_FAMILY - Colonial - LAUREL, MD

    Property size:
    5,616 SF
    Lot size:
    0.21 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 120 2Nd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Dining Room
    Parking
    22
    Parking features
    Parking Lot, Driveway, Fenced, Assigned, Special Needs
    Interior features
    Combination Kitchen/Dining, Attic, Bathroom - Tub Shower, Store/Office
    Appliances
    Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
    Size
    5,616 SF
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Forced Air, Other (Heating)
    Cooling system
    Central Air, Window Unit(s)

    Building Details

    Year built
    1900
    Number of units
    1
    Building materials
    Brick
    Architectural style
    Colonial

    Samson Properties (703) 378-8810 [email protected]

    Listing agent Joseph Obeid (301) 741-7411 License #0673810

    Listing date Dec 2, 2025

    MLS# MDPG2153158 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Building in Laurel

    Located in Laurel, MD, this renovated 5,616 square foot building presents an investment opportunity. Constructed in 1900 and modernized in 2020, the property features 6 units and is zoned CG. The property includes 5 residential units and 1 commercial unit. The building has a special zoning exemption. Situated on RT 1, the location benefits from high traffic, with 30,000 cars passing by each day. The property is 100% occupied, with most units rented below market value, presenting a value-add opportunity. The property is suited for a Multifamily / Low-Rise/Garden investor and offers rental potential and a foundation for long-term growth. The lot size is 0.21 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Providence Auto Rentals Car Rental Agency meovalor electric Utility Contractor Construction Law Group Attorney Nichols & Hurtt Lawyers Attorney James Nancy Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.84347
    Latitude
    39.10238

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    FAQs

    What type of property is this?
    Apartment building - Renovated 6-unit building with commercial space in Laurel, MD.
    Where is this apartment building located?
    The property is located at 120 2Nd St Laurel, MD.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: - Prime investment opportunity with 6 units (5 residential, 1 commercial) in a sought-after Laurel location.; - $100k price reduction and below-market rents present a value-add opportunity.; - Strategically located on RT 1 with **high visibility** (30,000 cars pass by daily).
    (301) 741-7411
    Request Owner's contact information
    120 2Nd St Laurel, MD 20707
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    Laurel, MD 20707
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 2Nd St Laurel, MD 20707
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