16700 Frederick Rd, Mount Airy, MD 21771

Mount Airy
Local realty services provided by:ERA Valley Realty
16700 Frederick Rd,Mount Airy, MD 21771
$774,899
  • 8 Beds
  • - Baths
  • 8,566 sq. ft.
  • Multi-family
  • Active
Listed by: vishal p doddanna
Office: keller williams realty centre
MLS#:MDHW2067038
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...

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Home facts

  • Year built:1900
  • Listing ID #:MDHW2067038
  • Added:199 day(s) ago
  • Updated:October 30, 2026 at 02:35 PM

Rooms and interior

  • Bedrooms:8
  • Living area:8,566 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Multi Units, Window Unit(s)
  • Heating: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, Log, Vinyl Siding
  • Foundation Description:Block

Schools

  • High school:GLENELG
  • Middle school:GLENWOOD
  • Elementary school:LISBON

Utilities

  • Water:Private, Well
  • Sewer:Gravity Sept Fld, 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

  • Amenities:Natural Gas Available

Parking

  • Parking description:Asphalt Driveway, Gravel Driveway

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