16708 Frederick Road presents an exceptional investment opportunity in Mount Airy, Maryland, featuring a well-maintained multi-structure property with strong income potential. This distinctive portfolio includes a 4-unit residential configuration across three buildings, complemented by a grandfathered auto garage use, all situated on a 1-acre parcel along a major commuter route. The property totals approximately 8,566 square feet and is offered at $774,900 with a 7.31% capitalization rate. Current annual rental income approaches $100,000, with additional upside through mark-to-market adjustments estimated to yield $20,400 annually. Zoning allows for Rural Residential use, while the site’s legacy use grants versatile operational possibilities. Conveniently positioned near MD-27 and I-70, the property offers direct access to Frederick, Baltimore, and Washington, D.C., while benefiting from the surrounding area’s steady housing demand and affluent demographics. This rare offering combines income stability with expansion options, making it an attractive acquisition for investors seeking durable returns in a growing Central Maryland market.