500 5th St Laurel, MD 20707 (Multi-Unit Building)

*INVESTMENT OPPORTUNITY*

Well maintained, all brick 4 unit building in Historic Old Laurel. Each unit has 2 bedrooms. 1 full bath, eat-in kitchen, and living room. Hardwood floors, screened porches, and basement w/ shared laundry and tons of storage. Roof replaced in 2014. Oil tank replaced in 2016. Large lot offers potential to sub-divide.

Property has been owner-occupied in one unit with the other 3 vacant though a valid rental license had been kept active with the city, having passed all inspections. Comparable apartments rent for $1000-$1200/mo offering potential income of $57,600/year in current condition. Call Dan Spahr at 240-375-5217 or email at dan@fosterspahr.com for additional information.

share save 171 16 500 5th St Laurel, MD 20707 (Multi Unit Building)

Property Details

Price:$550,000 Address:500 5th St City:Laurel State:MD Zip Code:20707 Neighborhood:LaurelMDPrince Georges County
MLS #:PG979`618 Square Feet:3722 Lot Square Feet:13,133 Bedrooms:8 Bathrooms:4 Open House:

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