$774,899

16700 FREDERICK RD, Mount Airy, MD 21771

  • 8 beds |
  • 6 baths |
  • 8,566 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $90/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

**MULTIPLE LOIs RECEIVED, HIGHEST AND BEST DUE MONDAY 5/11 @ 5PM**The Mt. Airy Investment Portfolio is a mixed-use assemblage comprising four income-producing units located at 16700–16708 Frederick Road (Route 144) in Mt. Airy, Maryland. The portfolio consists of a single-family residence, a residential duplex, and a commercial auto repair shop with associated garage and gravel lot — all situated along the Frederick Road corridor with direct access to I-70. The property is 100% occupied and generates $74,160 in current gross rental income. However, rents across all units are materially below market, presenting an immediate mark-to-market opportunity of at least $20,400 annually upon lease rollover. All tenants are currently on monthly renewals, offering a near-term rent reset event. This offering represents a compelling blend of stabilized cash flow and clearly identifiable value-add upside for investors seeking small-balance mixed-use portfolios in growing suburban Maryland markets. **Tenant Items have been digitally removed**

Listing Status:
Active
Date Added:
May 4, 2026
Data Last Updated:
May 7, 2026 at 6:16AM
Listing Office:
Keller Williams Realty Centre : 4103120000
Listing Agent:
Vishal P Doddanna : 4437189646
MLS ID:
MDHW2067064
  • Laundry: Dryer In UnitWasher In Unit
  • A/C: OtherCeiling Fan(s)Window Unit(s)Multi Units
  • Heating: Forced AirCentralNatural Gas
  • Fireplace: Flue for StoveWoodFireplaceFireplaces: 1
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Other
  • Parking: Gravel DrivewayAsphalt Driveway
  • Roofing: Architectural ShingleRubberFlatPitched
  • General: FrameBlock2BlockOther
  • Originating MLS: BRIGHT_MAIN
  • School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
  • County: HOWARD-MD
  • Zoning: RCDEO1404367464
  • Utilities: Natural gas available
  • Water: Private
  • Sewer: OtherSeptic ExistsPrivate Septic TankShared Septic
  • Source: BRIGHT_MAIN

This listing courtesy of Vishal P Doddanna , Keller Williams Realty Centre

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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