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$774,900
5 Days On Site

16700 FREDERICK ROAD
MOUNT AIRY, MD 21771

For Sale|Multi Family|Active
8
Beds
0
Total Baths
8,566
SqFt
$90
/SqFt
1900
Built
County:
HOWARD
Listing courtesy of Keller Williams Realty Centre
Call Now: 240-388-3507
Is this the listing for you? We can help make it yours.
240-388-3507
16700 FREDERICK ROAD16700 FREDERICK ROAD16700 FREDERICK ROAD16700 FREDERICK ROAD
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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**

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Listing Snapshot
Price 
$774,900
Days On Site 
5 Days
Bedrooms 
8
Inside Area (SqFt) 
8,566 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1 Acre
Year Built 
1900
MLS® Number 
MDHW2067038
Status 
Active
Property Tax 
$9,711
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
19 hours agoListing updated with changes from the MLS®
yesterdayStatus changed to Active
6 days agoListing first seen on site
General Features
Acres 
1
Foundation 
Block
Parking 
AsphaltGravelDriveway
Parking Spaces 
15
Property Sub Type 
Multi Family
Sewer 
Septic TankOtherShared Septic
Special Circumstances 
Standard
SqFt Above 
8566
SqFt Total 
8566
Style 
Other
Utilities 
Natural Gas Available
Water Source 
PrivateWell
Zoning 
RCDEO
Interior Features
Appliances 
Gas Water HeaterWasherDryer
Cooling 
Multi UnitsCeiling Fan(s)Window Unit(s)Electric
Fireplace 
Yes
Fireplace Features 
Wood BurningOther
Fireplaces 
1
Furnished? 
None
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
FrameBlockLogVinyl Siding
Pool Features 
None
Roof 
FlatRubberShingle
Community Features
School District 
HOWARD COUNTY PUBLIC SCHOOL SYSTEM
Schools
School District
HOWARD COUNTY PUBLIC SCHOOL SYSTEM
Elementary School
LISBON
Middle School
GLENWOOD
High School
GLENELG
Listing courtesy of Keller Williams Realty Centre



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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