**MULTIPLE LOIs RECEIVED, HIGHEST AND BEST DUE MONDAY 5/11 @ 5PM**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**
127 days
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Zillow last checked:
Listing updated:
Listed by:
Vishal Doddanna443-718-9646,
Keller Williams Realty Centre4103120000,
Listing Team: Vidona Group
Source: Bright MLS,MLS#: MDHW2067064
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 6
Full bathrooms: 3
1/2 bathrooms: 3
Main level bathrooms: 6
Main level bedrooms: 8
Basement
Area: 0
Heating
Forced Air, Central, Natural Gas
Cooling
Other, Ceiling Fan(s), Window Unit(s), Multi Units, Electric
Appliances
Included: Gas Water Heater
Laundry: Dryer In Unit, Washer In Unit
Features
Has basement: No
Number of fireplaces: 1
Fireplace features: Flue for Stove, Wood Burning
Interior area
Total structure area: 8,566
Total interior livable area: 8,566 sqft
Finished area above ground: 8,566
Finished area below ground: 0
Property
Parking
Total spaces: 15
Parking features: Gravel, Asphalt, Driveway, Off Street
Uncovered spaces: 15
Accessibility
Accessibility features: None
Features
Levels: Two
Stories: 2
Pool features: None
Lot
Size: 1 Acres
Details
Additional structures: Above Grade, Below Grade
Parcel number: 1404367464
Zoning: RCDEO
Zoning description: Rural Residential, Auto Garage is grandfathered in