Skip main navigation
For sale
  • $774,899

    16700 Frederick Rd, Mount Airy, MD 21771

    8beds
    8,566sqft
    : 
    $5,262/mo
    Get pre-qualified
    Single Family Residence
    Built in 1900
    1 Acres Lot
    $727,600 Zestimate®
    $90/sqft
    $-- HOA

    What's special

    ***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**
    --
    on Zillow
    434
    views
    35
    saves

    Zillow last checked:

    Listing updated:

    Listed by:

    Vishal Doddanna 443-718-9646,

    Keller Williams Realty Centre 4103120000,

    Listing Team: Vidona Group

    Source: Bright MLS,MLS#: MDHW2067064MLS Logo

      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
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Frame, Block
      • Foundation: Block, Other
      • Roof: Architectural Shingle,Rubber,Flat,Pitched
      Condition
      • Good,Average
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Other, Septic Exists, Private Septic Tank, Shared Septic
      • Water: Private
      • Utilities for property: Natural Gas Available

      Community & HOA

      Community
      • Subdivision: None Available
      HOA
      • Has HOA: No
      Location
      • Region: Mount Airy

      Financial & listing details

      • Price per square foot: $90/sqft
      • Tax assessed value: $656,233
      • Annual tax amount: $9,711
      • Date on market: 4/20/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Bank Portfolio,Cash,Conventional
      • Ownership: Fee Simple

        Estimated market value

        $727,600

        $691,000 - $764,000

        $5,145/mo

        Price history

        DateEventPrice
        3/24/2021Listing removed--
        Source: Owner Report a problem
        8/29/2017Listing removed$1,550
        Source: Owner Report a problem
        8/20/2017Listed for rent$1,550
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 21771

        Getting around

        18 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lisbon
        • Middle: Glenwood
        • High: Glenelg
        • District: Howard County Public School System

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts