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500 Salem Ave # 500-508 photo 1
under contract
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$675,000

0beds
|
0baths
|
9,165sqft
|
1900built
500 Salem Ave # 500-508,Hagerstown, MD 21740

Est.$4,438/moCustomize payment

What's special

$74/sqft

Price per square foot

Built in 1900

126 years old

Overview

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 immediat...

Listed on October 16, 2025 · Source: MLS #MDWA2032214

Property details

Cost estimate

Est. monthly payment

$4,200/mo
Principal & interest
$3,538
Property tax
$436
Home insurance (est.)
$225

Down payment

$135,00020% of list price
Adjust down payment20%
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Based on 20% down ($135,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Customize scenario

Price history

DateEventPrice
Apr 16, 2026Under contract$675,000
Oct 16, 2025Listed for sale$675,000

Location

500 Salem Ave # 500-508, Hagerstown, MD 21740

Nearby homes

$675,000

0 beds · 0 baths · 9,165 sqft