$774,900
 $4,160 est/mo Sourced by Back At You

16700 Frederick Rd,MOUNT AIRY, MD 21771

MOUNT AIRY, MD 21771

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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. 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**

Details

MLS #MDHW2067064
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive-bright
Year1900
Days On Site169
Listing Provided ByKeller Williams Realty Centre | Vishal P Doddanna

Features

Bed(s)8
Bath(s) 6 Total
SQ Feet8,566
Story(s)2
ZoningRCDEO
Acreage1.00

Interior

CoolingOther, Ceiling Fan(s), Window Unit(s), Multi Units
Heating Yes / NoYes
HeatingForced Air, Central

Exterior

RoofArchitectural Shingle, Rubber, Flat, Pitched
Construction MaterialsFrame, Block
Foundation DetailsBlock, Other

Parking

Garage Yes / NoNo
Parking FeaturesGravel Driveway, Asphalt Driveway

Utilities

UtilitiesNatural Gas Available

Taxes

Tax Annual Amount9711

Area Information

StateMD
CountyHOWARD MD
CityMOUNT AIRY
Zip Code21771
AreaHOWARD MD
Community NameNONE AVAILABLE
School DistrictHOWARD COUNTY PUBLIC SCHOOL SYST
Elementary SchoolLISBON
High SchoolGLENELG
Listing VS Median (in NONE AVAILABLE)
Price:
$774,900
low | high
Med:
$359,900
100% of Average
sqft:
8,566
low | high
Med:
1,665
100% of Average
$ / sqft:
$90
low | high
Med:
$225
98.654819657984% of Average
On site:
169
low | high
Med:
17.5
100% of Average
Sourced by Back At You

Market Activity 21771

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Learn More About This Property

Lori Willis

Lori Willis

Century 21 Gold Key Realty

 (410) 708-1277loriwillis@c21gk.com
StateMD
CountyHOWARD MD
CityMOUNT AIRY
Zip Code21771
AreaHOWARD MD
Community NameNONE AVAILABLE
School DistrictHOWARD COUNTY PUBLIC SCHOOL SYST
Elementary SchoolLISBON
High SchoolGLENELG
Listing VS Median (in NONE AVAILABLE)
Price:
$774,900
low | high
Med:
$359,900
100% of Average
sqft:
8,566
low | high
Med:
1,665
100% of Average
$ / sqft:
$90
low | high
Med:
$225
98.654819657984% of Average
On site:
169
low | high
Med:
17.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $581K - $968K
sqft: 6,000 - 10,500
Nearby Listings Property ImageNearby Listings Details
16700 FREDERICK RD Property Photo 1
$774,900
16700 Frederick Rd
Mount Airy, MD 21771
Listing Updated: September 29, 2026 at 7:36:30 PM PDT