16700

16700 Frederick – $774,899 16700 Frederick Rd Mount Airy, MD 21771 - - $774,899 Price Decrease Active Mixed Use Lease Considered No Zoning RCDEO $90.46 /SqFt 8,566.00 Building SqFt 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** About 16700 Frederick Rd, Mount Airy, MD 21771 Directions: From 70, Take exit for MD-94 S toward Lisbon. Drive to MD-144 W/Frederick Rd. Turn left onto MD-94 S / Woodbine Rd. At the traffic circle, take the 1st exit onto MD-144 W/Frederick Rd. Home will be on the right. The buildings are numbered 16700, 16706, and 16708 General Description List Price $774,899.00 Status Active MLS Number MDHW2067066 Tax ID # 1404367464 Ownership Interest Fee Simple Association No Sub Type Mixed Use Waterfront No Net Square Feet 8,566.00 Price/SqFt $90.46 Business Use Auto Related Year Built 1900 Property Condition Good, Average Location County Howard, MD In City Limits No City Mount Airy Subdivision/Neighborhood NONE AVAILABLE School District Howard County Public School System High School Glenelg Middle Or Junior School Glenwood Elementary School Lisbon Election District 04 Association/Community Information Property Manager YN No Taxes and Assessment Tax Annual Amount $9,711.00 Tax Year 2025 School Tax 0.00 County Tax $7,400.00 County Tax Payment Frequency Annually Clean Green Assessed No Front Foot Fee $0.00 Front Foot Fee Payment Frequency Annually Refuse $365.00 Zoning RCDEO Zoning Description Rural Residential, Auto Garage is grandfathered in Tax Assessed Value $656,233.00 Assessment Year 2026 Improvement Assessed Value $448,800.00 Land Assessed Value $239,500.00 Special Assessment $2,310.76 Historic No Land Use Code C Commercial Sale Information Business Use Auto Related Possible Use Apartments, Automotive Property Use Investment Gross Income 74,160.00 Net Operating Income 56,609.11 Financial Data Source Owner Income Includes Apartment Rentals, Shop rentals Present Licenses Other Potential Tenancy Multiple Building Total SQFT 8,566 Building Total SQFT Source Estimated Gross Scheduled Income 74,160.00 Expenses Operating Expense $17,550.89 Annual Gross Expense 17,550.89 Operating Expense Includes Landscaping, Management Fees, Pest Control, Repair/Maintenance, Sewer, Insurance, Snow Removal, Trash Insurance Expense 2,777.00 Maintenance Expense 3,500.00 Unit Type Unit 1 Occupied Yes Features 16700 Frederick Rd - 3BR/2BA Detached Home Monthly Rent 1,600.00 Unit Type Unit 1 Occupied Yes Features 16706 Frederick Rd - 3BR/2BA 2-level Apartment Monthly Rent 1,430.00 Unit Type Unit 1 Occupied Yes Features 16706 #A Frederick Rd - 2BR/1BA apartment Monthly Rent 1,350.00 Unit Type Unit 1 Occupied Yes Level -2 Features 16708 Frederick Rd - Auto Repair Shop Monthly Rent 1,800.00 Unit Type Unit 1 Occupied No Building Info Building Units Total 3 Foundation Details Block Construction Materials Frame Flooring Type Carpet, Concrete, Hardwood Roof Architectural Shingle, Flat, Pitched, Rubber Lot Lot Size Acres 1.00 Lot Size SQFT 43560 Lot Size Source Estimated Parking Parking Type: Driveway Truck/Trailer Parking Spaces 0 Car Parking Spaces 15 Total Parking Spaces 15 Interior Features Accessibility Features None Utility Information Utilities Natural Gas Available Cooling Type Ceiling Fan(s), Multi Units, Window Unit(s) Cooling Fuel Electric Heating Type Forced Air Heating Fuel Natural Gas Heating Fuel Natural Gas Hot Water Natural Gas Water Source Private, Well Sewer Septic Gravity Septic Field, Other, Private Septic Tank, Septic Exists, Shared Septic Listing Details Original List Price $774,900 Previous List Price $774,900 DOM 117 Vacation Rental No Annual Rental Income 74,160.00 Listing Terms All Negotiation Thru Lister Sale Type Standard Listing Term Begins 04/13/2026 Possession Settlement, Subject to Existing Lease Lease Considered No Acceptable Financing Bank Portfolio, Cash, Conventional Documents Available Leases, Licenses, Rent Roll Seller Concessions Yes © BRIGHT MLS - Content is reliable but not guaranteed and should be independently verified (e.g., measurements may not be exact; visuals may be modified; school boundaries should be confirmed by school/district). Copyright 2026. Created: 10/25/2026 01:04 AM Notes for you and your agent Notes for, and from, your contacts appear here when viewing this listing in a contact's results. Vishal Doddanna Keller Williams Realty Centre vishal@vidonagroup.com © BRIGHT MLS - Content is reliable but not guaranteed and should be independently verified (e.g., measurements may not be exact; visuals may be modified; school boundaries should be confirmed by school/district). Any offer of compensation is for MLS subscribers subject to Bright MLS policies and applicable agreements with other MLSs. Copyright 2026. Created: 10/25/2026 01:04 AM