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Street View
$774,899
8 Beds
- 6 Baths
3 full baths + 3 half baths
8,566sqft
16700 Frederick Rd, Mount Airy, MD 21771
$774,899
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Single Family Residence
Built in 1900
$-- HOA
1 acre lot
$90/sq.ft
Description
**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 an...
Continue ReadingProperty Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
8,566 sqft
Lot Size
1 acre lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
MDHW2067064
MLS Status
ACTIVE-BRIGHT
Days on Market
54
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