16700 FREDERICK ROAD, Mount Airy, Maryland, United States, 21771

774,900
for Sale
43,560

About the property:

**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**
Property Type:
Mixed Use
Status:
for Sale
Acres:
1
Square Feet:
8566
Heating Type:
0
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, an
Is Investment:
Yes
Is Land:
Yes
Is Multiple:
Yes
Is Market:
Yes
Is Media:
Yes
Is Mix:
Yes
Is Unit:
Yes
Listing ID:
MDHW2067066

Rooms

Dimensions

Brokered by:
Keller Williams Realty Centre
Presented By:

Bruno Tarquinii

REALTOR®

Fairfax Realty Premier