MD
WASHINGTON
HAGERSTOWN
21740
500 SALEM AVENUE
500 SALEM AVENUE, HAGERSTOWN, MD 21740
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Listing Type
Multi Family
Listing Status
active
8
$675,000

Home Details for 500 SALEM AVENUE

Price
$675,000
Type
Residential Income
Bedrooms
6
Bathrooms
Square feet
9165
Year built
1900
Lot size acres
0.26
County
WASHINGTON
Garage
Days on site
18
MLS Listing#
MDWA2030002
Property Description

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. 📞 Schedule your private tour today!

Property Features
  • Cooling Information
    • None
    • Electric
  • Heating Information
    • Electric
    • Baseboard
  • Parking
    • On Street
    • Driveway
  • Water Features
    • Public
Listing Courtesy: RG Realty, Inc. - 240-203-6393
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Last Updated: 2025-09-05 12:14:38
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EXIT SUCCESS REALTY
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