16700 FREDERICK ROAD

Mount Airy, MD 21771

$774,900

pending
8
Beds
6
Baths
8,566
Sq Ft
1900
Built

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16700 FREDERICK ROAD - Photo 1

Listing details

**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

Listed by Vishal P Doddanna, Keller Williams Realty CentreMLS# 804768512734Listing via Bright MLS IDXUpdated Jul 15, 2026

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Listing information is provided through IDX courtesy Keller Williams Capital Properties.

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