Call Today 540.289.6335

5656 Sam Snead Hwy, Hot Springs, VA 24445

$359,000
  • 5656 Sam Snead Hwy, Hot Springs, VA 24445 Main Photo

59 Photos

New to the Market Active
BEDS0 BATHS MLS#683113
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Excellent investment opportunity in Hot Springs! This fully occupied 4-unit apartment building offers immediate rental income with potential for increased returns. Each spacious unit features 1 bedroom, 1 bathroom, over 900 square feet of living space, and separately metered electricity. Currently generating $2,650 per month ($31,800 annually), the property offers upside potential, with existing rents reportedly below market rates. Situated on approximately one acre, the property may also offer additional development opportunities toward the rear of the lot, subject to applicable zoning and approvals. Conveniently located near The Omni Homestead Resort and downtown Hot Springs, this income-producing property presents an attractive opportunity for investors seeking steady cash flow and long-term appreciation potential. A great addition to any investment portfolio!

5656 Sam Snead Hwy | MLS# 683113

This multi-family property located at 5656 Sam Snead Hwy, Hot Springs, VA 24445 is currently listed for sale with an asking price of $359,000. Search Hot Springs real estate on www.massanuttenrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Heating: Baseboard, Electric
Home Style: Victorian
Lot Size: 1.00 Acres
Roof Type: Architectural Style
Taxes: $1,661
Year Built: 1900

Feature Descriptions

Basement: Full, Outside Entrance, Unfinished
Common Amenities: Extra Storage, Laundry Room, Picnic Area, Play Area
Days on Site: 2
Exterior: Aluminum
Flooring: Carpet Over Wood, Linoleum
Foundation: Stone
Kitchen: Wood Cabinets
Laundry: Dryer, Shared, Washer
Lot: Gently Rolling, Open, Partly Wooded
Lot Dimensions: 1 Acre(s)
Sewer: Public Sewer
Water: Public Water
Windows: 9' Ceilings, Screens
Wooded: Yes

Local Schools

High School: Bath
Middle School: NONE
Elementary School: Valley

Listed By / Shown By

Listed By

Agency Name: REAL BROKER LLC
Agency Phone: 855-450-0442

Shown By

Agency Title: Massanutten Realty
Agency Phone: 540.289.6335

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,965.03 per month $1,721.91 Principal & Interest $138.42 Property Tax $104.71 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder