16700 FREDERICK RD, Mount Airy, MD 21771
16700 FREDERICK RD, Mount Airy, MD 21771
16700 FREDERICK RD, Mount Airy, MD 21771
16700 FREDERICK RD, Mount Airy, MD 21771
16700 FREDERICK RD, Mount Airy, MD 21771
16700 FREDERICK RD, Mount Airy, MD 21771
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$ 774,900
Est. payment | /mo

8,566 SqFt


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$ 774,900
Est. payment | /mo
Save

8,566 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,566 sqft

Price per Sqft $90

Lot Size 1.000 Acres

MLS Listing ID MDHW2067038

Financing Cash,Conventional,Bank Portfolio

Style Other

Total Units 4

Short Sale No

Originating MLS BRIGHT

Available Date 2026-05-04

Property Description

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**

Location

State MD

County Howard

Zoning RCDEO

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Multi Units, Ceiling Fan(s), Window Unit(s)

Fireplaces Number 1

Fireplaces Type Wood, Other

Fireplace Y

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Garage Spaces 15

Utilities Available Natural Gas Available

Waterfront N

Water Access N

Roof Type Architectural Shingle,Flat,Pitched,Rubber

Accessibility None

Parking Type Driveway

Total Parking Spaces 15

Building

New Construction N

Foundation Block

Sewer Other, Shared Septic, Septic Exists, Private Septic Tank, Gravity Sept Fld

Water Private, Well

Architectural Style Other

Additional Building Above Grade, Below Grade

Schools

Elementary Schools Lisbon

Middle Schools Glenwood

High Schools Glenelg

School District Howard County Public School System

Others

Tax Amount $9,711

Tax Year 2025

Tax ID 1404367464

Ownership Fee Simple

SqFt Source 8566

Acceptable Financing Cash, Conventional, Bank Portfolio

Special Sale Standard

Bright MLS (BMLS)
Listed by Vishal Doddanna • Keller Williams Realty Centre

Nearby Locations

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