16700 Frederick Rd, Mount Airy, MD 21771
Local realty services provided by:CENTURY 21 Dale Realty Co.
16700 Frederick Rd,Mount Airy, MD 21771
$774,899
- 8 Beds
- 6 Baths
- 8,566 sq. ft.
- Single family
- Active
Listed by: vishal p doddanna
Office: keller williams realty centre
MLS#:MDHW2067064
Source:BRIGHTMLS
Price summary
- Price:$774,899
- Price per sq. ft.:$90.46
About this home
***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**...
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Home facts
- Year built:1900
- Subdivision & Development:NONE AVAILABLE
- Listing ID #:MDHW2067064
- Added:195 day(s) ago
- Updated:October 26, 2026 at 02:01 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:3
- Half bathrooms:3
- Living area:8,566 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Multi Units, Window Unit(s)
- Heating:Central, Forced Air, Natural Gas
Structure and exterior
- Roof:Architectural Shingle, Flat, Pitched, Rubber
- Year built:1900
- Building area:8,566 sq. ft.
- Lot area:1 Acres
- Construction Materials:Block, Frame
- Foundation Description:Block
- Levels:2 Stories
Schools
- High school:GLENELG
- Middle school:GLENWOOD
- Elementary school:LISBON
Utilities
- Water:Private
- Sewer:Private Septic Tank, Septic Exists, Shared Septic
Finances and disclosures
- Price:$774,899
- Price per sq. ft.:$90.46
- Tax amount:$9,711 (2025)
Features and amenities
- Laundry features:Dryer In Unit, Washer In Unit
- Amenities:Natural Gas Available
Parking
- Parking description:Asphalt Driveway, Gravel Driveway, Off Street
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