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Pumsu Lim

stagesite-2.test@chime.me +1(506) 970-3459

$ 774,900

Est. payment | -/mo

8 Beds

6 Baths

8,566 SqFt

Save

$ 774,900

Est. payment | -/mo

Save

8 Beds

6 Baths

8,566 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 8,566 sqft

Price per Sqft $90

Lot Size 1.000 Acres

MLS Listing ID MDHW2067064

Financing Bank Portfolio,Cash,Conventional

Style Other

Subdivision None Available

Bedrooms 8

Full Baths 3

Half Baths 3

Short Sale No

HOA Y/N N

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

Rooms

Main Level Bedrooms 8

Interior

Hot Water Natural Gas

Heating Forced Air, Central

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

Fireplaces Number 1

Fireplaces Type Flue for Stove, Wood

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,Rubber,Flat,Pitched

Accessibility None

Parking Type Driveway, Off Street

Total Parking Spaces 15

Building

New Construction N

Story 2

Foundation Block, Other

Sewer Other, Septic Exists, Private Septic Tank, Shared Septic

Water Private

Architectural Style Other

Story 2

Additional Building Above Grade, Below Grade

Schools

Elementary Schools Lisbon

Middle Schools Glenwood

High Schools Glenelg

School District Howard County Public School System

Others

Senior Community No

Tax Amount $9,711

Tax Year 2025

Tax ID 1404367464

Ownership Fee Simple

SqFt Source 8566

Acceptable Financing Bank Portfolio, Cash, Conventional

Special Sale Standard

testyfx76

Listed by Vishal Doddanna • Keller Williams Realty Centre

16700 FREDERICK RD Mount Airy, MD 21771