16700 Frederick RoadMount Airy, MD 21771

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**

Property Information

Property type

Residential Income

Sub-type

Multi Family

Structure type

House

Year built

1900

Living area

8,566 Sq Ft

Lot size

1.00 acres

Parking spaces

15

Zoning

RCDEO

Days on market

93

MLS^® Listing#

MDHW2067038

Property Features

Appliances

Gas Water Heater · Washer · Dryer

Cooling

Multi Units · Ceiling Fan(s) · Window Unit(s) · Electric

Heating

Natural Gas · Forced Air

Fireplace

Wood Burning · Other

Pool

None

Parking

Asphalt · Gravel · Driveway

Construction

Frame · Block · Log · Vinyl Siding

Foundation

Block

Roof

Flat · Rubber · Shingle

Utilities

Natural Gas Available

Sewer

Septic Tank · Other · Shared Septic

Water source

Private · Well

Schools

Elementary

LISBON

Middle

GLENWOOD

High

GLENELG

District

HOWARD COUNTY PUBLIC SCHOOL SYSTEM

Financial Details

Annual taxes

$9,711Tax year 2025

Assessed value

$656,233

Parcel number

1404367464

Directions

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