$675,000

500-508 SALEM AVE, Hagerstown, MD 21740

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Turnkey Investment, Real Estate and Business with Class D Liquor License Harman’s Tavern presents a true value-add opportunity, pairing a well established bar with a Class D Liquor License and income producing residential and retail units. The mixed use building totals nearly 10,000 square feet and includes eight units, a retail space and spacious apartments, all occupied by long term tenants. Rents are significantly below market, as the owner has never increased them, creating immediate upside in cash flow. The units are well maintained, and thoughtful updates could support meaningful appreciation. Whether you are expanding a portfolio or seeking stable income with room to grow, this offering is a rare find. Schedule your private tour today.

Listing Status:
Active
Listing Office:
RG Realty, Inc. : 2402036393
Listing Agent:
Roberto G. Gonzalez : 3019910207
MLS ID:
MDWA2032216
  • A/C: None
  • Heating: Baseboard - ElectricElectric
  • Disability Feature: None
  • General: BlockBrick
  • Originating MLS: BRIGHT_MAIN
  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • County: WASHINGTON-MD
  • Zoning: RMED2225009894
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Roberto G. Gonzalez, RG Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Salem Avenue Elementary School

1323 Salem Ave, Hagerstown, MD, 21740

Grades PK-5

0.79 miles away

W

Western Heights Middle School

1300 Marshall St, Hagerstown, MD, 21740

Grades 6-8

0.77 miles away

B

Barbara Ingram School for the Arts

711 S Potomac St, Hagerstown, MD, 21740

Grades 9-12

0.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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