16700 FREDERICK RD, Mount Airy, MD 21771
16700 FREDERICK RD, Mount Airy, MD 21771
16700 FREDERICK RD, Mount Airy, MD 21771
16700 FREDERICK RD, Mount Airy, MD 21771
16700 FREDERICK RD, Mount Airy, MD 21771
16700 FREDERICK RD, Mount Airy, MD 21771
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Listed by Vishal Doddanna • Keller Williams Realty Centre
$ 774,899
Est. payment | /mo

8,566 SqFt


Save
$ 774,899
Est. payment | /mo
Save

8,566 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,566 sqft

Price per Sqft $90

MLS Listing ID MDHW2067038

Style Other

Abv Grd Liv Area 8,566

Year Built 1900

Available Date 2026-05-04

Annual Tax Amount $9,711

Tax Year 2025

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Other

Source BRIGHT

Property Description

***Live for free while your tenants pay off the property!*** The Mt. Airy Investment Portfolio at 16700–16708 Frederick Road (Route 144) offers a rare opportunity for an owner-occupant: live in one of the residential units and let the other income-producing units cover your mortgage, with projected positive cash flow of $450–$800+/month depending on which unit you call home. Special owner-occupant financing is available for well-qualified buyers, terms not available elsewhere. Ask us for the details.

The assemblage includes a single-family residence, a residential duplex, and a commercial auto repair shop with garage and gravel lot, all 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. Rents across all units are materially below market, offering at least $20,400 in annual upside on lease rollover. The residential tenants are on month-to-month renewals, so new rents can be set soon, and the commercial auto garage lease runs through March 2027. This is a strong fit for a buyer who wants to live in their investment, as well as for investors seeking small-balance mixed-use property in a growing suburban Maryland market. Cash flow is based on projected market rents. **Tenant Items have been digitally removed**

Location

State MD

County Howard

Zoning RCDEO

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Multi Units, Ceiling Fan(s), Window Unit(s)

Fireplaces Number 1

Fireplaces Type Wood, Other

Fireplace Y

Heat Source Natural Gas

Laundry Dryer In Unit, Washer In Unit

Exterior

Garage Spaces 15.0

Utilities Available Natural Gas Available

Water Access N

Roof Type Architectural Shingle,Flat,Pitched,Rubber

Accessibility None

Total Parking Spaces 15

Garage N

Private Pool No

Building

Foundation Block

Above Ground Finished SqFt 8566

Sewer Other, Shared Septic, Septic Exists, Private Septic Tank, Gravity Sept Fld

Water Private, Well

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Lisbon

Middle Schools Glenwood

High Schools Glenelg

School District Howard County Public School System

Others

Tax ID 1404367464

Ownership Fee Simple

SqFt Source 8566

Acceptable Financing Cash, Conventional, Bank Portfolio

Listing Terms Cash, Conventional, Bank Portfolio

Financing Cash,Conventional,Bank Portfolio

Special Listing Condition Standard

Bright MLS (BMLS)
Nearby Locations
Rachel Sturm
Rachel Sturm

Realtor Licensed in MD & PA License ID: 593538

+1(410) 967-8226 | rachelsturmrealestate@gmail.com

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16700 FREDERICK RD