517 Montgomery Street Laurel, MD ^$ 1,450,000

517 Montgomery Street

^$ 1,450,000

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Recently Listed

517 Montgomery Street

Laurel, MD, 20707

^$ 1,450,000

Bedrooms-- Baths-- Sq 6,439

Monthly Estimate*

^$ 9,155

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Commercial Property for sale in Laurel, MD

for $1,450,000. This 6,439 square foot building was built in 1945 on a lot size of 0.29.

Welcome to this beautiful historic property, impressively maintained in the heart of Old Town Laurel! This unique property offers charming, private residences surrounded by a quiet garden setting. Each unit boasts a bright and spacious layout, with large windows that flood the units with natural light. Enjoy fully-equipped kitchens, comfortable living spaces, on-site laundry, and designated free off-street parking. Situated at the ideal midpoint between Washington, D.C. and Baltimore, this property is a commuter's dream. Residents can easily access Main Street's vibrant shopping, dining, and local Amish market, as well as the nearby Laurel MARC Train station.

Commercial Active

Price

^$ 1,450,000

Property Type

Commercial

Taxes

^$ 21,566

Style

Apartment Building

Lot Size

0.29

Year Built

1945

Town/City

Laurel

County/Region

Prince Georges

MLS | Web ID

MDPG2220338

Features

Interior

Heating Fuel Natural Gas

Hot Water Natural Gas

Heating Y/N Y

Central Air Y/N N

General

Sewer Public Sewer

Heating Forced Air Radiator

Cooling Window Unit(s)

Possession Settlement

Roof Asphalt

Zoning LAUR

Construction Materials Frame

Year Built 1945

Property Subtype Five Or More Units

Tax Year 2026

Ownership Fee Simple

Cool Fuel Electric Oil

Municipality LAUREL

Business Type Apartment Building

Accessibility None

County PRINCE GEORGES

New Construction N

Property Type Commercial Sale

Subdivision Name TALBOTT ESTATES

Water Access Y/N N

Status ACTIVE

Directions Rt 198 turn onto 7th St then Right onto Montgomery St.

City LAUREL

Disclosures Prop Disclaimer Prop Disclosure

Number Of Units Total 9

Lot Size Units Square Feet

Lot Size Square Feet 12750.00

Tax Annual Amount 21566.0

Property Condition Average

Price Per Sq Ft Total AG 183.99

Lease Considered Y/N N

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Legal Subdivision LAUREL

Tax Lot 2.3

Exterior

Water Source Public

Type of Parking Off Street

Water View Y/N N

Building Area Total 7881.00

Lot Size Acres 0.29

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 200100.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 517

* Excluded Features

List By

Rosselle Realty Services

Broker

faith.rosselle@verizon.net

Affordability Calculator

$10,953

Per Month

Monthly Principal & Interest: $9,155
Monthly Property Taxes: $1,797
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Laurel, MD

Average List Price ^$1,646,357

Percent of Sale Price 14%

About Laurel, MD

28,936 Population

34% Since 2002

^$69,086 Median Income

37.37 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/2/2026	$1,450,000		Listed Price

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517 Montgomery Street, Laurel, MD, 20707 is a Commercial Property for sale at $1,450,000 with 6,439 sqft and a lot size of 0.29. 517 Montgomery Street was built in 1945. The property's zip code is 20707 which is in Laurel, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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517 Montgomery Street

Commercial Property for sale in Laurel, MD

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