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500 SALEM AVENUE

HAGERSTOWN , MD 21740

MLS#: MDWA2030002

$675,000

Status: Active
Listing number: MDWA2030002
Listing provided by: RG Realty, Inc.
Listing agent phone: None
Last update: 30 days ago
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Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

9,165

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!

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Above Grade Finished Area

    9165.0

  • Cooling YN

    YES

  • Cooling

    None, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Baseboard

Exterior

  • Garage

    No

  • Construction Materials

    Block, Brick

  • Parking

    On Street, Driveway

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.26

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $675,000

  • Tax Amount

    5235.0

  • Sq. Footage

    9, 165

  • Price/SqFt

    $73

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Brick/Mortar

  • Sewer

    Public Sewer

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Location

County

WASHINGTON

Elementary School

Middle School

High School

Listing Courtesy of Roberto G. Gonzalez , RG Realty, Inc.

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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!

500 SALEM AVENUE

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