BEDS8
BATHS3 full 3 partial
SQUARE FEET8,566
MLS#MDHW2067064
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SCHOOLHOWARD COUNTY PUBLIC SCHOOL SYSTEM
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**
Property Features
Property Type: Residential - Single Family
Cooling: Other, Ceiling Fan(s), Window Unit(s), Multi Units
Fireplaces: 1
Fuel Type: Natural Gas
Heating: Forced Air, Central
Lot Size: 1.00 Acres
Roof Type: Architectural Shingle, Rubber, Flat, Pitched
Stories: 2.0
Taxes: $9,711
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Frame, Block
Fireplace: Flue for Stove, Wood
Lot Dimensions: 1.00 Acre(S)
Parking Features: Gravel Driveway, Asphalt Driveway
Parking Notes: 15 Total Parking Spaces
Sewer: Other, Septic Exists, Private Septic Tank, Shared Sep
SQFT Above Finished: 8566
SQFT Total Finished: 8566
Structure Type: Detached
Total Garage/Parking Spaces: 15
Utilities: Natural Gas Available
Water: Private
Local Schools
High School: GLENELG
Middle School: GLENWOOD
Elementary School: LISBON
School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Centre
Agency Phone: 4103120000
Shown By
Agent Name: Gayle K. Sanders
Agent Phone: (717) 676-7767
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 2,759.85 per month $1,724.59 Principal & Interest $809.25 Property Tax $226.01 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
16700 Frederick Road | MLS# MDHW2067064
This single family home located at 16700 Frederick Road, Mount Airy, MD 21771 is currently listed for sale with an asking price of $774,900. This property was built in 1900 and has 8 bedrooms and 3 full and 3 partial baths with 8566 sq. ft. Frederick Road is located within the HOWARD COUNTY PUBLIC SCHOOL SYSTEM school district. Search Mount Airy real estate on gayleksanders.homesale.com today.