602 Montgomery St, Laurel, MD 20707

$1,295,000

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List Price
$1,295,000
Price Change
▼ $100,000 1779503010
Days on Market
204
MLS#
MDPG2186352
Status
ACTIVE
Type
Commercial
Year Built
1947
County
Prince Georges
Neighborhood
Laurel Park
Subdivision
Laurel Park

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

Acres
0.16
Lot Size
6,969
Lot Description
Adjoins - Open Space
High School
Laurel
Roof
Tar/Gravel
Cooling
Window Unit(s), Central A/C
Heating
90% Forced Air, Central
Taxes
$11,044

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Samson Properties. Contact: 7033788810