500 Salem Ave, Hagerstown, MD 21740
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
500 Salem Ave,Hagerstown, MD 21740
$675,000
- 6 Beds
- - Baths
- 9,165 sq. ft.
- Multi-family
- Active
Listed by: roberto g. gonzalez
Office: rg realty, inc.
MLS#:MDWA2032214
Source:BRIGHTMLS
Price summary
- Price:$675,000
- Price per sq. ft.:$73.65
About this home
Turnkey Investment – Real Estate & Business with On/Off class D Liquor License!
Discover a true value-add investment with Harman’s Tavern, a well-established bar accompanied by a Class D Liquor License and income-producing residential and retail units. Spanning nearly 10,000 sq. ft., this mixed-use property offers EIGHT TOTAL UNITS, including retail space and spacious apartments – all currently occupied by long-term tenants.
Untapped Income Potential! Rents have remained significantly below market value, as the current owner has never raised them. This presents a prime opportunity for immediate cash flow growth. The units are well-maintained, and with strategic updates, this property could see substantial appreciation.
Whether you're looking to expand your portfolio or capitalize on the established business and rental income, this property is a rare find.
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Home facts
- Year built:1900
- Listing ID #:MDWA2032214
- Added:128 day(s) ago
- Updated:November 14, 2025 at 10:28 PM
Rooms and interior
- Bedrooms:6
- Living area:9,165 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Year built:1900
- Building area:9,165 sq. ft.
- Lot area:0.26 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$73.65
- Tax amount:$5,235 (2024)
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