500 Salem Ave, HAGERSTOWN, MD 21740
Local realty services provided by:O'BRIEN REALTY ERA POWERED



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#:MDWA2030002
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.
📞 Schedule your private tour today!
Contact an agent
Home facts
- Year built:1900
- Listing Id #:MDWA2030002
- Added:36 day(s) ago
- Updated:August 15, 2025 at 01:31 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)
New listings near 500 Salem Ave
- New$299,900Active3 beds 3 baths2,460 sq. ft.
947 Monet Dr, HAGERSTOWN, MD 21740
MLS# MDWA2030770Listed by: THE KW COLLECTIVE - New$545,000Active4 beds 2 baths3,265 sq. ft.
9318 Tidworth Way, HAGERSTOWN, MD 21740
MLS# MDWA2030496Listed by: LPT REALTY, LLC - New$375,000Active3 beds 2 baths2,956 sq. ft.
109 Calvert Ter, HAGERSTOWN, MD 21742
MLS# MDWA2030860Listed by: SAMSON PROPERTIES - New$350,000Active4 beds 3 baths3,136 sq. ft.
19105 Shamrock Ln, HAGERSTOWN, MD 21742
MLS# MDWA2030716Listed by: EXP REALTY, LLC - New$95,000Active3 beds 2 baths1,400 sq. ft.
16810 Alcott Rd, HAGERSTOWN, MD 21740
MLS# MDWA2030858Listed by: THE KW COLLECTIVE - New$399,990Active2 beds 2 baths1,715 sq. ft.
19641 Lavender Ln, HAGERSTOWN, MD 21742
MLS# MDWA2030842Listed by: DRB GROUP REALTY, LLC - New$333,500Active3 beds 3 baths1,596 sq. ft.
6 Charlotte St, HAGERSTOWN, MD 21740
MLS# MDWA2030856Listed by: MACKINTOSH , INC. - Open Fri, 3 to 5pmNew$399,990Active3 beds 3 baths1,781 sq. ft.
20025 Rosebank Way, HAGERSTOWN, MD 21742
MLS# MDWA2030852Listed by: NVR, INC. - New$439,990Active4 beds 2 baths1,698 sq. ft.
664 Armstrong Ave, HAGERSTOWN, MD 21740
MLS# MDWA2030850Listed by: D.R. HORTON REALTY OF VIRGINIA, LLC - Coming SoonOpen Sat, 2 to 4pm$475,000Coming Soon4 beds 3 baths
18113 Demon Deacon Ct, HAGERSTOWN, MD 21740
MLS# MDWA2030836Listed by: LONG & FOSTER REAL ESTATE, INC.