MLS: #MDHW2067064, Listed By: Vishal Doddanna, Keller Williams Realty Centre, Source:Bright MLS
16700 Frederick Road
MOUNT AIRY, MD 21771
8
Bed
6
Bath
8,566Sqft
1Acre(Lot)
**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 o
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 6 Full Baths: 3 Half Baths: 3 -
Roofing Information
Rubber, Flat, Shingle -
Interior Features
Roof: Rubber, Flat, Shingle Appliances: Gas Water Heater, Washer, Dryer -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air, Central Has Cooling: Yes Cooling: Other, Ceiling Fan(s), Window Unit(s), Multi Units, Electric
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Building Information
Year Built: 1900 Building Area Total: 8566 Construction Materials: Frame, Block Stories: 2 Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 1 Lot Size Source: Estimated Lot Size Square Feet: 43560Property Information
Subdivision: NONE AVAILABLE Source Property Type: Residential Postal Code Plus 4: 3310 Zoning Description: Rural Residential, Auto Garage is grandfathered in Property SubType: Single Family Residence Levels: Two Property Age: 126
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Listing Price Information
Listing Price: $774899
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Tax Information
Parcel Number: 1404367464 Tax Year: 2025 Annual Tax: $9711
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Parking Information
Parking Total: 15 Asphalt, Gravel, Off Street, Driveway
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School Information
Elementary School: LISBONJunior High School: GLENWOODSenior High School: GLENELG -
Utility Information
Natural Gas Available -
Location Information
Direction: From 70, Take exit for MD-94 S toward Lisbon. Drive to MD-144 W/Frederick Rd. Turn left onto MD-94 S / Woodbine Rd. At the traffic circle, take the 1st exit onto MD-144 W/Frederick Rd. Home will be on the right. The buildings are numbered 16700, 16706, and 16708 WaterSource: Private
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 727 Weller Drive, Mount Airy, MD, 21771 | $1,085,000 | 4 | 4 | 5,048 | 5,048 SqFt |
| 2621 Braddock Road, Mount Airy, MD, 21771 | $549,999 | 4 | 2 | 2,872 | 2,872 SqFt |
| 2900 Gillis Falls Road, Mount Airy, MD, 21771 | $475,000 | 3 | 2 | 1,648 | 1,648 SqFt |
| 4328 Ridge Road #13, Mount Airy, MD, 21771 | $75,000 | 1 | 1 | 850 | 850 SqFt |
| 4328 Ridge Road #14, Mount Airy, MD, 21771 | $45,000 | 2 | 2 | 932 | 932 SqFt |
| 4950 Crocus Road, Mount Airy, MD, 21771 | $799,900 | 4 | 4 | 4,176 | 4,176 SqFt |
| 6201 Belmont Cir, Mount Airy, MD, 21771 | $998,000 | 5 | 4 | 5,189 | 5,189 SqFt |
| 729 W Watersville Road, Mount Airy, MD, 21771 | $695,000 | 4 | 3 | 3,225 | 3,225 SqFt |
| 720 W Watersville Road, Mount Airy, MD, 21771 | $675,000 | 5 | 3 | 2,477 | 2,477 SqFt |
| 5412 Ridge Road, Mount Airy, MD, 21771 | $500,000 | 3 | 2 | 1,464 | 1,464 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/07/2026 @ 17:13
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