$ 774,900
-
$774,900
Price -
8
Bed -
5
Bath -
8,566
SqFt
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About the Listing KWR15 - 144164
**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**
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Multi Units,Ceiling Fan(s),Window Unit(s)
- Heating: Forced Air
- Fireplaces: 1, Wood,1 Fireplace
- Floor:
- Above Ground Sq Ft: 8566
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Private,Well
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 15
- Zoning: Rural Residential, Auto Garage is grandfathered in
- Roof: Architectural Shingle,Flat,Pitched,Rubber
- Others: Average,Good
- Sewer: Other,Shared Septic,Septic Exists,Private Septic Tank,Gravity Sept Fld
- Parking Features: Asphalt Driveway,Gravel Driveway,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $9,711
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
16700 Frederick Rd Mount Airy, MD 21771
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