16700 FREDERICK Rd, Mount Airy, MD 21771
- Sqft
- 8,566
View property features, location on map, relevant school information and overview from seller's agent.
- 0
- 0
Overview
**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**
Location
Full feature list
Basic info
- Property type
- Other residential
- Square feet
- 8,566
- Lot size (acres)
- 1
- Year built
- 1900
Interior features
- Fireplaces
- 1
Utilities
- Heating
- Natural Gas
- Cooling
- Window Units, Multi-split AC, Ceiling Fans
- Sewer
- Septic System, Other
- Water
- Well, Private
Taxes
- Tax Annual Amount (2025)
- $9,711
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: MDHW2067038 Last checked: …

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