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 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**
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Listing Snapshot
Price
$774,900
Days On Site
8 Days
Bedrooms
N/A
Inside Area (SqFt)
8,566 sqft
Total Baths
6
Full Baths
N/A
Partial Baths
N/A
Lot Size
1 Acre
Year Built
1900
MLS® Number
MDHW2067066
Status
Active
Property Tax
$9,711
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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