New
$774,899
8 bd · 3.5 ba · 8,566 sqft · 1.00 acre lot
16700 Frederick Rd, Mount Airy, MD 21771
Single family · Built 1900 · $90/sqft ·
$4,748/mo est. payment
- Stories
- 2
Flood factor 1/10
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**
Facts and features
Bedrooms
- Bedrooms: 8
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 3
- 1/2 Bathrooms: 3
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Window Unit(s), Multi Units
- Heating Features: Forced Air, Central
- Heating: Yes
- Ceiling Fans: Yes
Land Info
- Lot Size Acres: 1.0
- Lot Size Square Feet: 43560
Garage and Parking
- Parking Features: Gravel Driveway, Asphalt Driveway, Driveway, Off Street
- Parking Total: 15
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Senior Community: No
School Information
- Elementary School: LISBON
- High School: GLENELG
- Middle School: GLENWOOD
- School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
Other Property Info
- Annual Tax Amount: 9711
- Source Listing Status: Active
- County: HOWARD
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Residential
- Source Neighborhood: NONE AVAILABLE
- Postal Code Plus 4: 3310
Schools
- 9
Lisbon Elementary School
elementary · K-5 · 1.6 mi
- 10
Glenwood Middle School
middle · 6-8 · 5.0 mi
- 10
Glenelg High School
high · 9-12 · 6.9 mi
Mount Airy Christian Academy
elementary · K-12 · 0.4 mi
Mount Airy Christian Academy
elementary · K-12 · 0.4 mi
Glenwood Academy
elementary · 1-9 · 1.2 mi
Price history
- Oct 24, 2026 · Price Changed$774,899
- Oct 24, 2026 · Price Changed$774,899
- Jun 18, 2026 · Price Changed$774,900
- Jun 18, 2026 · Price Changed$774,900
- May 21, 2026 · Price Changed$774,899
- May 21, 2026 · Price Changed$774,899
- May 15, 2026 · Price Changed$774,900
- May 15, 2026 · Price Changed$774,900
Where it is
Listed by Vishal Doddanna · Keller Williams Realty Centre · BrightMLS
