$ 774,899
-
$774,899
Price -
8
Bed -
4.5
Bath -
8,566
SqFt
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About the Listing KWR15 - 144164
**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 Highlights
Status
Active
Days on Site
23
Property Type
Residential
MLS ®
MDHW2067064
Year Built
1900
Total Square Footage
8,566
Lot/Acreage
1
County
Howard
Neighborhood
None Available
School District
Howard County Public School System
Elementary School
Lisbon
Middle School
Glenwood
High School
Glenelg
Interior Details
- Bedrooms: 8
- Bathrooms: 3 Full / 3 Half
- Appliances:
- Air Cond: Ceiling Fan(s),Window Unit(s),Multi Units
- Heating: Forced Air,Central
- Fireplaces: 1, Flue for Stove,Wood,1 Fireplace
- Floor:
- Above Ground Sq Ft: 8566
- Below Ground Sq Ft: 0
- Basement:
- Other: Main Floor Bedrooms: 8
- Water: Private
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 15
- Zoning: Rural Residential, Auto Garage is grandfathered in
- Roof: Architectural Shingle,Rubber,Flat,Pitched
- Others: Good,Average
- Sewer: Other,Septic Exists,Private Septic Tank,Shared Septic
- Parking Features: Gravel Driveway,Asphalt Driveway,Driveway,Off Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $9,711
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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% Down Payment
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Questions About..
16700 Frederick Rd Mount Airy, MD 21771
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