Active

MLS: #MDHW2067038, Listed By: Vishal Doddanna, Keller Williams Realty Centre, Source:Bright MLS

16700 Frederick Road

MOUNT AIRY, MD 21771

$774,899 $3,267/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

8,566

Sqft

Acre(Lot)

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. Thi s 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**

Property Details

Property Type : Residential Income

Price : $774,899

AD Id : 77600791

MLS Id : MDHW2067038

Beds : 8

Lot Size : 1 Acre

Living Area Size : 8,566

Year Built : 1900

County : HOWARD

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8
Roofing Information

Flat, Rubber, Shingle
Interior Features

Roof: Flat, Rubber, Shingle Appliances: Gas Water Heater, Washer, Dryer
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Multi Units, Ceiling Fan(s), Window Unit(s), Electric

Building Information

Year Built: 1900 Building Area Total: 8566 Construction Materials: Frame, Block, Log, Vinyl Siding Pool Features: None Private Pool: No

Lot Information

Lot Size Acres: 1 Lot Size Source: Assessor Lot Size Square Feet: 43560

Listing Price Information

Listing Price: $774899

Tax Information

Parcel Number: 1404367464 Tax Year: 2025 Annual Tax: $9711

Parking Information

Parking Total: 15 Asphalt, Gravel, Driveway

School Information

Elementary School: LISBON

Junior High School: GLENWOOD

Senior 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, Well

Sell a home like this and save $45,995 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/08/2026 @ 07:07

MLS: MDHW2067038 LISTED BY: Vishal Doddanna, Keller Williams Realty Centre 410-312-0000 SOURCE: Bright MLS