MD > Hagerstown
Hagerstown, MD 21740,500 SALEM AVE
Hagerstown, MD 21740,500 SALEM AVE
Hagerstown, MD 21740,500 SALEM AVE
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$675,000
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9,165 SqFt
Active

500 SALEM AVE Hagerstown, MD 21740

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Matthew Curcio

Matthew Curcio

+1(856) 207-7592

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 9,165 sqft

Price per Sqft $73

MLS Listing ID MDWA2032214

Style Other

Abv Grd Liv Area 9,165

Year Built 1900

Annual Tax Amount $5,235

Tax Year 2024

Lot Size 0.258 Acres

Acres 0.26

Property Sub-Type Detached

Source BRIGHT

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!

Location

State MD

County Washington

Zoning RMED

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 9165

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Washington County Public Schools

Others

Tax ID 2225009894

Ownership Fee Simple

SqFt Source 9165

Special Listing Condition Standard

Bright MLS (BMLS)

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Matthew Curcio

Matthew Curcio

Broker Associate & Team Leader | License ID: 0121845

+1(856) 207-7592

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500 SALEM AVE

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