16700 FREDERICK Road, Mount Airy, MD 21771
MULTI_FAMILY - MOUNT AIRY, MD
- Added:
- Apr 18, 2026
- Days on Market:
- 80
- Last Refresh:
- Jul 6 at 7:06 pm
Property Features for 16700 FREDERICK Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 15
- Parking features
- Driveway
- Fireplace
- 1
- Standard status
- Active
- Size
- 8,566 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Annual Amount
- 9711
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s), Multi Units, Ceiling Fan(s)
Building Details
- Year built
- 1900
- Number of units
- 4
- Building materials
- Frame, Block, Log, Vinyl Siding
Listing agent Vishal P Doddanna License #618185 (443) 718-9646
Listing office Keller Williams Realty Centre 8825 Stanford Boulevard unit: 300, COLUMBIA, MD (410) 312-0000
Listing date Apr 18, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use investment portfolio with 4 income‑producing units at 16700–16708 Frederick Road (Route 144) in Mt. Airy, MD
- Includes single‑family residence, residential duplex, and a commercial auto repair shop with associated garage and gravel lot
- 100% occupied portfolio generating $74,160 in current gross rental income
- Tenants are on monthly renewals, creating a near‑term lease rollover for rent reset
- Reported rent below market; seller estimates at least $20,400 in additional annual income upon lease rollover
- Forced air heating; window unit(s) cooling; fireplace present; frame/block/log/vinyl siding construction; year built 1900
Overview
The units are located at 16700–16708 Frederick Road (Route 144) in Mt. Airy, Maryland, positioned along the Frederick Road corridor. The offering also provides direct access to I-70.
For investors seeking a small-balance, mixed-use package, this structure offers both residential and automotive income streams within a single assemblage. The current gross rental income is reported as $74,160. The listing further notes that rents across all units are materially below market, with an immediate mark-to-market opportunity of at least $20,400 annually upon lease rollover. Because renewals are on a monthly basis, the property may allow for relatively prompt adjustments as leases turn over.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mount Airy
- County
- Frederick
- State
- Maryland
- Longitude
- -77.0964193
- Latitude
- 39.34370687
