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… Read More 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** Read Less
Courtesy of Vishal P Doddanna, Keller Williams Realty Centre 410-312-0000
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residential
Beds
8
Full Baths
3
Partial Baths
3
Square Ft.
8,566
Lot Size
1 Acres
Year Built
1900
MLS Number
MDHW2067064
Additional Details
Building
Built in 1900, Living area: 8566, Levels: 2, Construction Materials: Frame, Block
Cooling
Ceiling Fan(s), Window Unit(s), Multi Units
Accessibility Features
None
Fireplaces
1 fireplace, Flue for Stove, Wood
Foundation
Block
Heating
Forced Air, Central
Lot
1 acres
Parking
Gravel Driveway, Asphalt Driveway
Property
Good, Average, Other structures: Above Grade, Below Grade
Roof
Architectural Shingle, Rubber, Flat, Pitched
Sewer
Septic Exists, Private Septic Tank, Shared Septic
Taxes
Annual Amount: $9,711, Year: 2025, Zoning: RCDEO, Zoning description: Rural Residential, Auto Garage is grandfathered in
Utilities
Natural Gas Available, Water Source: Private
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