602 Montgomery St, Laurel, MD 20707

$1,295,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,295,000
Price Change
▼ $100,000 1779503010
Days on Market
196
Status
ACTIVE
MLS#
MDPG2186352
Lot Size (Acres)
0.16
Year Built
1947
County
Prince Georges
School District
Prince George's County Public Schools

Property Description

Prime Mixed-Use Opportunity in Downtown Laurel. An opportunity to acquire a mixed-use portfolio consisting of a fully leased mixed-use building plus two additional contiguous residential lots, all offered together and not to be sold separately. The mixed-use property features three second-floor residential apartments generating rental income, along with a first-floor retail space offering strong visibility and income potential. Ideal for investors seeking steady cash flow with upside.The building is located just minutes from downtown Laurel, this portfolio offers proximity to shops, dining, transportation, and ongoing area growth. A unique opportunity to own income-producing mixed-use real estate plus additional land in a high-demand location.

Additional Information

Subdivision
Laurel Park
Taxes
$11044
Stories
2
School District
Prince George's County Public Schools
High School
Laurel
Flooring
Vinyl, Wood
Heating
90% Forced Air, Central
Heating Fuel
Oil
Cooling
Window Unit(s), Central A/C
Roof
Tar/Gravel
Utilities
Cable TV Available, Multiple Phone Lines, Natural Gas Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Samson Properties. Contact: 7033788810