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**
Listed by:
Keller Williams Realty Centre
Source:
BRIGHT MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Jun 18, 2026 | 4 mos ago | Price increased1 (0%) | $774,900 |
| May 21, 2026 | 5 mos ago | Price decreased1 (0%) | $774,899 |
| May 15, 2026 | 5 mos ago | Price increased1 (0%) | $774,900 |
| May 9, 2026 | 5 mos ago | Price decreased1 (0%) | $774,899 |
| May 8, 2026 | 5 mos ago | Price increased1 (0%) | $774,900 |
| Apr 30, 2026 | 5 mos ago | Price decreased1 (0%) | $774,899 |
| Apr 13, 2026 | 6 mos ago | New on market | $774,900 |